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U-turn on North Korea; US opts for diplomacy

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[vc_row][vc_column][vc_column_text]Tillerson, Mattis favor“peaceful pressure campaign”

In a big u-turn on North Korea, US administration has begun de-escalation. The top officials, Rex Tillerson, Secretary of State and James Mattis, Defense Secretary have jointly said that the aim of US “peaceful pressure campaign” was denuclearization of the Korean Peninsula, not regime change. Their move seems to be altogether different than President Trump’s “fire and fury” warning against Pyongyang.

In a co-authored opinion piece published by Wall Street Journal on Sunday, the two top officials said, “We have no desire to inflict harm on the long-suffering North Korean people, who are distinct from the hostile regime in Pyongyang.” They further said, “We are replacing the failed policy of ‘strategic patience’… with a new policy of strategic accountability.”

Elsewhere in their piece the two top administration officials said that North  (Korea) faces a choice: “Take a new path toward peace, prosperity and international acceptance, or continue further down the dead alley of belligerence, poverty and isolation.”

Mattis and Tillerson urged China to take a leading role in bringing Pyongyang to the negotiating table. “The region and world need and expect China to do more,” they wrote.

On Saturday, Chinese President Xi Jinping called his US counterpart Donald Trump and urged him to avoid rhetoric that could inflame tensions with North Korea. The second phone call within few days from Chinese President was triggered after Trump escalated his warning to North Korea, saying it would “truly regret” taking hostile action against US.

A CNN report on Monday said that North Korean military figures are putting the final touches on a plan to fire four missiles into the waters around the US territory of Guam, to be presented to leader Kim Jong-un by “mid-August.” It’s not clear if and when Kim will order the launch.

Moreover the Joint Information Center of Guam, a US  unincorporated territory in the Western Pacific Ocean, put out a notice on Saturday and warned residents on how to prepare “for an imminent missile threat” from North Korea.[/vc_column_text][/vc_column][/vc_row]

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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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