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Trump-Kim Summit in jeopardy after US-South Korea drill

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Trump-Kim Summit in jeopardy after US-South Korea drill

Reluctant Kim Jong-un suspends talks with South Korea

Reacting to the US-South Korea largest ever “2018 Max Thunder” joint drill throughout South Korea since May 11, in an alleged bid “to make a preemptive air-strike at North Korea”, Kim Jong-un has suspended high level talks with South scheduled for Wednesday and has also thrown doubt over Trump-Kim Summit scheduled to be held on June 12 in Singapore.

North Korean state media quoted vice foreign minister Kim Kye-gwan saying that If America “corners us and unilaterally demands we give up nuclear weapons we will no longer have an interest in talks and will have to reconsider whether we will accept the upcoming DPRK-US summit”.

North Korea believes that the military exercise threatens warming ties on the divided peninsula.

North Korea’s official Korean Central News Agency (KCNA) said, “The U.S. will have to think twice about the fate of the DPRK-U.S. summit now on high agenda before a provocative military racket against the DPRK in league with the South Korean authorities.” It further said, “We will closely watch the ensuing behaviour of the U.S. and the south Korean authorities”.

Read More: Trump: Time and Place for Summit with Kim Jong-un is fixed

The KCNA describes the US-South Korea exercise saying, “Involved in the drill are over 100 fighters of various missions including B-52 strategic nuclear bombers and F-22 Raptor stealth fighters under the supervision of the U.S. imperialist aggressor forces in South Korea and the South Korean air force. It is to last till May 25.”

A high level meeting was scheduled to be held on Wednesday. Earlier the Unification Ministry, said in a statement, “The South and North will hold a high-level inter-Korea meeting on May 16 in the Peace House in Panmunjom, to discuss the implementation of ‘Panmunjom Declaration for Peace, Prosperity, and Unification of the Korean Peninsula.”

Trump-Kim Summit in jeopardy after US-South Korea drillThe meeting was also being considered as a prelude to the historic meeting between the North Korean leader Kim Jong-un and the US President Donald Trump.

Read More: Trump reach airport to welcome US prisoners from North Korea

The official news agency said “Public opinions at home and abroad comment that the manoeuvre is the largest-ever and a reflection of the invariable stand of the U.S. and South Korea to persist in the “maximum pressure and sanctions” against the DPRK (North Korea).”

Earlier, Kim Kye Gwan, North Korea’s first vice minister in the Ministry of Foreign Affairs, was quoted in an article saying the US said “it would offer economic compensation and benefit in case we abandon (nuclear weapons).We have never had any expectation of US support in carrying out our economic construction and will not… make such a deal in future.”

North Korean official further said that if the Trump administration was “genuinely committed to improving ties with Pyongyang, they will receive a deserving response. But if they try to push us into a corner and force only unilateral nuclear abandonment, we will no longer be interested in that kind of talks and will have to reconsider … the upcoming summit.”

Read More: North Korea criticize US for misleading and provocative move

In a related development, South Korean foreign minister Kang Kyung-hwa spoke with US Secretary of State Mike Pompeo early Wednesday morning. During the conversation Pompeo has reportedly said that the preparations would continue for the Trump-Kim summit, “keeping in mid this action of the North.”

A statement issued by South Korea said, “Minister Kang and Secretary Pompeo agreed to continue close cooperation between South Korea and the United States to achieve a complete denuclearization and peace settlement on the Korean Peninsula.”

Over the weekend, Pompeo said that the US is pushing for North Korea to fully and irreversibly dismantle its nuclear program. In return US would aid North Korean economy by lifting sanctions and allowing private capital to flow into the country.

Read More: North and South come closer on Korean Peninsula

US President Donald Trump has recently been isolated on two counts: withdrawal from Iran nuclear deal signed by Iran and P5+1 in 2015 and on relocating its embassy from Tel Aviv to Jerusalem.

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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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