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North and South Korean leaders to hold summit on April 27

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North and South Korean leaders to hold summit on April 27

Kim Jong Un to meet Donald Trump in May

On the heels of Kim Jong Un’s recent meeting with Chinese President Xi Jinping in Beijing, leaders of North and South Korea will hold the third edition of the inter-Korean summit on April 27, after eleven years.

According to reports from Seoul, the two Koreas will endeavour to improve ties and reduce the tensions between them.  The previous editions of the summit were held in 2000 and 2007, both in the North Korean capital Pyongyang.

This was agreed on Thursday after the delegations from two Koreas met at the Panmunjom, the border village located along the heavily guarded Demilitarised Zone (DMZ), which acts as the de facto border between the two countries.

In a joint statement, the delegations announced that South Korean President Moon Jae-in and North Korean leader Kim Jong-un will meet at the Peace House, situated on the southern side of Panmunjom.

“Over the past 80 days, there have been many dramatic events that have not been seen earlier,” Ri Son-gwon, the North’s chief delegate, said at the start of the meeting.

The upcoming inter-Korean summit will likely serve as a critical venue for discussions to resolve the nuclear programme of Pyongyang, which it said has expressed willingness to abandon the programme in exchange for peace.

According to Seoul based Korea Times, a working-level meeting will take place on April 4 to arrange protocol, security and press coverage.

The joint statement was issued five hours after the meeting led by South Korean Unification Minister Cho Myoung-gyon and his counterpart Ri Son-gwon, chairman of the Committee for the Peaceful Reunification of the Fatherland, began at the Peace House on the South’s side of Panmunjeom at 10 a.m. (6.30 am IST).

“I have mentioned the proverb ‘well begun is half done’ several times, but it seems we have come more than halfway by arranging the inter-Korean summit just four months after a high-level meeting in January,” said the South Korean minister after the meeting.

“The two leaders’ meeting will be another beginning for the great journey toward the denuclearization of the Korean Peninsula, the settlement of peace and the development of inter-Korean relations,” he added.

“If both sides perceive the summit’s historical significance and importance, and make efforts with a serious and cooperative attitude, we will be able to resolve all issues swiftly and without difficulty,” Ri the North Korean minister said.

The bonhomie between the two Koreas come after Kim said in his New Year’s speech in North Korea in January that he was willing to ensure good ties with South Korea.

The North Korean sportspersons participated in the Winter Olympics and Winter Paralympics in Pyeongchang in South Korea. In the winter sports games, the two Koreas marched under a unified Korean flag.

This driven rapprochement has been created after North Korea’s persistent nuclear and missile programs had created tensions in the Korean Peninsula.

Recently North Korean leader Kim Jong Un has made an unannounced and surprise visit to Beijing, where he met Chinese President Xi Jinping, that reportedly took place from March 25 to March 28. It was also the first time Kim had stepped out of North Korean soil since he took power in 2011.

US President Donald Trump, who earlier exchanged barbs with Kim, owing to North Korea’s  nuclear test and persistent missile tests, had last month accepted an invitation from the latter for a meet. He also wrote on Twitter on Wednesday that the meeting between President Xi and Kim was a ‘great success’.

There has been a pressing need for the denuclearisation of North Korea by Japan, the US, China and South Korea. On the same lines, a proposed summit is expected to take place between US President Donald Trump and North Korean leader Kim Jong Un in May.

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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.

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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.

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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.

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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.

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Trump rejected JD Vance’s proposal for Indian peacekeepers in Ukraine, says new book

A newly published book claims Donald Trump rejected JD Vance’s proposal to include Indian troops in a potential Ukraine peacekeeping mission.

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US President Donald Trump reportedly dismissed a proposal by Vice President JD Vance to involve Indian troops in a potential peacekeeping mission in Ukraine, according to a newly released book detailing internal White House discussions on the Russia-Ukraine conflict.

The revelation appears in “Regime Change: Inside the Imperial Presidency of Donald Trump”, authored by journalists Maggie Haberman and Jonathan Swan. The book claims that the discussion took place during an Oval Office meeting held shortly after Trump’s return to the White House, when senior officials were considering options to end the war in Ukraine.

Vance suggested India and Saudi Arabia

According to the book, retired Lieutenant General Keith Kellogg, Trump’s special envoy for Ukraine and Russia, presented a peace proposal that included deploying foreign troops to monitor a possible ceasefire between Russia and Ukraine. Initial plans reportedly considered personnel from European countries, including France, Britain and the Netherlands.

However, Vance is said to have raised concerns over deploying troops from NATO countries, arguing that such a move could escalate tensions with Russia. He then reportedly suggested that countries outside Europe, such as India and Saudi Arabia, could contribute troops for the mission.

Trump’s reported response

The book claims Trump laughed off the suggestion and responded by saying, “The Indians won’t do that,” adding that India would not be willing to bear the costs associated with such a deployment. The authors further state that Trump remarked on his relationship with Prime Minister Narendra Modi while expressing doubts about India’s participation.

There has been no official response from the Indian government regarding the claims mentioned in the book.

The reported exchange comes amid ongoing international efforts to secure a ceasefire and find a diplomatic solution to the prolonged Russia-Ukraine war. Several proposals involving multinational peacekeeping arrangements have been discussed in recent years, though no agreement has yet been reached.

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