UKRAINE WAR CHALLENGE
Budget 2024: How Sitharaman can steer the trade ship amidst two wars and Red Sea crisis to achieve $2 tn export goal
In the upcoming budget, key priorities for the export sector include boosting e-commerce exports through streamlined policies and infrastructure enhancements. Additionally, there is a push for Production Linked Incentive (PLI) schemes aimed at revitalising sectors such as toys and leather goods, fostering competitiveness and export growth.
France elections: France's exceptionally high-stakes election has begun, far-right leads pre-election polls
France elections: Voters in mainland France start casting ballots in a critical legislative election that may lead to far-right control, impacting Europe's financial markets, support for Ukraine, and the management of France's nuclear arsenal and global military forces. The two-round election began in overseas territories and on the mainland at 8 a.m. Sunday, with initial projections due at 8 p.m. and official results later that night.
Top fertiliser maker says ‘Black Swan’ jolts are finally easing
Russia’s 2022 invasion of Ukraine disrupted global fertiliser shipments and pushed prices — and Nutrien earnings — to record heights. But as farmers and retailers balked at the sticker shock, demand tumbled.
Will there be three days of complete darkness in world as predicted by 'living Nostradamus?' Who is he? Know about 'actual Nostradamus'
French astrologer Nostradamus is believed to have predicted the Great Fire of London, the French Revolution, the rise of Napoleon and Adolf Hitler, World War 1 and World War 2 and the nuclear destruction of the Japanese cities of Hiroshima and Nagasaki. What about the World War 3?
NATO picks Netherlands' Mark Rutte as next boss
After declaring his interest in the post last year, Rutte gained early support from key members of the alliance including the United States, Britain, France and Germany. Others were more reticent, particularly Eastern European countries which argued the post should go to someone from their region for the first time.
Russia is storing up a crime wave when its war on Ukraine ends
Russia war: Russia saw a drop in crime levels as men joined the war in Ukraine, but the return of these servicemen is now leading to a surge in offending. Data shows a rise in non-war-related crimes by more than 20%, with violent offenses, theft, and drug-related transgressions increasing. The impact of the conflict on returning servicemembers is expected to have long-lasting effects on society, with concerns over rising crime rates post-war. The return of convicts who fought for the Wagner group is a particular worry, as their reintegration into civilian life poses significant challenges for law enforcement and society as a whole.
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Vladimir Putin’s hybrid war opens a second front on NATO’s eastern border
Several masked men removed navigational aids on the Narva River, separating Estonia from Russia, signaling Russia's intent to provoke and destabilize Baltic states. These acts, seen as part of a hybrid war, include airspace violations, GPS interference, and recruiting criminals for sabotage. The region is increasingly a second front in the West's conflict with Moscow. Neighboring countries are reinforcing borders and seeking NATO's attention, as Russia's actions aim to spread fear and division, utilizing disinformation and migrant crises.
Pope Francis calls at G7 for ban on 'lethal autonomous weapons'
Pope Francis called on Friday for a ban on "lethal autonomous weapons", when he addressed the G7 leaders' summit in Italy on the perils of artificial intelligence. "In light of the tragedy that is armed conflict, it is urgent to reconsider the development and use of devices like the so-called 'lethal autonomous weapons' and ultimately ban their use," the pope said.
Ukraine summit attracts world leaders but fails to isolate Russia
U.S. Vice President Kamala Harris, French President Emmanuel Macron and the leaders of Germany, Italy, Britain, Canada and Japan are among those set to attend the June 15-16 meeting at the Swiss mountaintop resort of Buergenstock.
Nostradamus predicted World War 1 and World War 2. What did he say about World War 3? Details here
French astrologer Nostradamus is believed to have predicted the Great Fire of London, the French Revolution, the rise of Napoleon and Adolf Hitler, World War 1 and World War 2 and the nuclear destruction of the Japanese cities of Hiroshima and Nagasaki. What about the World War 3?
Pentagon vows to keep arming Kyiv amid fresh Russian assault
The US announced no new aid packages Monday, but has now provided about $50.6 billion in military assistance to Ukraine since Russia invaded in 2022. Meanwhile, Ukrainian officials said Kyiv's troops still control nearly 60% of Vovchansk and are fighting house-to-house to defend the border town in northeastern Kharkiv region from Russian attacks.
Growing China-Russia alliance casts shadow over India's defence challenges
The strengthening relationship between Russia and China poses significant strategic concerns for India. As Presidents Vladimir Putin and Xi Jinping reaffirm their nations' close ties amidst the Ukraine conflict, India's dependency on Russian defense supplies and its ongoing border tensions with China create a complex geopolitical scenario. The evolving Sino-Russian partnership challenges India's strategic positioning and highlights critical questions about future military and diplomatic dynamics.
Defence industry world over facing capacity crunch, India must step up to fulfil needs: Defence Secretary
Defence Secretary Giridhar Aramane highlighted the global demand for defence utilities amidst geopolitical conflicts, urging Indian shipbuilders to enhance capacity. He mentioned government initiatives and targets for indigenous defence manufacturing and exports, emphasizing the potential for growth and the importance of research and development.
Global debt crisis impacting nearly 95 countries: G20 Sherpa Amitabh Kant
G20 Sherpa Amitabh Kant emphasized the challenges posed by the Russia-Ukraine war and tensions in the Middle East for global stability and economics. He stressed the need for urgent action to pursue inclusive and sustainable growth strategies in the face of a global debt crisis affecting nearly 95 countries, while maintaining focus on achieving the Sustainable Development Goals (SDGs) by 2030.
'If India had not been clear on Russia-Ukraine war, petrol price would have gone up': EAM Jaishankar on foreign policy
Jaishankar emphasized the crucial role of foreign policy in citizens' lives, citing India's clear stance on the Russia-Ukraine war. He highlighted world issues, UNSC membership aspirations, and the importance of strong leadership.
US quietly shipped long-range ATACMS missiles to Ukraine
US sent long-range missiles to Ukraine for Russian conflict in $300 million aid package. White House adviser confirmed, mentioning ATACMS. Pentagon initially opposed due to readiness concerns.
Ukraine gets a big boost of US aid. It still faces a long slog to repel Russia
The US House of Representatives approved the package on Saturday after months of delays by some Republicans wary of US involvement overseas. It was passed by the Senate on Tuesday, and President Joe Biden said he would sign it Wednesday.
India to receive remaining S-400 Triumf missile regiments from Russia by next year
India is on track to receive the remaining S-400 Triumf missile systems from Russia by next year, following delays due to the Ukraine war. The delivery of two frigates, Tushil and Tamal, is also expected, with the latter to be delivered in January. India's acquisition of these systems and ships is part of efforts to enhance its air power capabilities, particularly in light of security challenges from China. The deliveries are part of agreements signed with Russia, despite warnings from the US about potential sanctions. India's stance on the Russia-Ukraine conflict remains focused on diplomatic solutions.
Scholz urges China to use Russia 'influence' to end Ukraine war
German Chancellor Olaf Scholz said Tuesday he had urged Xi Jinping to press ally Russia to end its "senseless" war in Ukraine and that the Chinese President had agreed to back a peace conference in Switzerland. He added that Xi had agreed to back a peace conference on the war in Switzerland.
Ukraine's foreign minister says Israel's response to an Iranian aerial attack shows what Kyiv needs
A recent Russian aerial campaign targeting Ukraine's energy infrastructure and other targets has wrought extensive damage, and Ukrainian officials have pleaded with the country's Western allies to provide more air defence systems as the war stretches into its third year.
JPMorgan's Dimon warns inflation, political polarisation, wars creating risks not seen since WWII
JPMorgan Chase CEO Jamie Dimon expressed concerns about geopolitical events such as the war in Ukraine and US political polarization potentially creating risks that could exceed those seen since World War II. He emphasized the importance of unity, democracy, and addressing economic challenges like deficit spending and inflation.
NATO turns 75 in shadow of Ukraine war -- and Trump
NATO chief Jens Stoltenberg emphasized the importance of solidarity between the United States and Europe as NATO celebrated its 75th anniversary. The alliance faces challenges from an aggressive Russia and the potential return of Donald Trump to power, who previously questioned NATO's collective defense guarantee. The invasion of Ukraine by Russia in 2022 has reinvigorated NATO, leading to increased defense spending by European allies. NATO has also supported Ukraine in its fight against Russia, but crucial US support remains blocked.
Ukraine ramps up spending on homemade weapons to help repel Russia
Ukraine is boosting its defense industry to fight Russia, investing heavily in local weapon production. The government budgeted nearly $1.4 billion in 2024 for homemade weapons, 20 times more than before. Private factories are now crucial, making thousands of shells monthly. This shift aims to counter Russia's dominance. However, Ukraine faces challenges like bureaucracy and manpower shortages. Despite this, its drone industry has thrived. The conflict hinges on resources and how well Ukraine uses them, as massive Western support remains crucial for its defense.
Ukrainian navy says a third of Russian warships in the Black Sea have been destroyed or disabled
Ukraine's navy has dealt a significant blow to Russia, sinking or disabling a third of its warships in the Black Sea over the past two years of conflict. The latest strike targeted the Russian amphibious landing ship Kostiantyn Olshansky in Sevastopol, Crimea, using Ukraine-built Neptune missiles. The attack also hit port facilities and an oil depot. The successful strikes have boosted morale in Ukraine, demonstrating their ability to challenge Russia's naval superiority and secure their Black Sea ports for exports.
Ukraine ramps up spending on homemade weapons to help repel Russia
The Ukrainian government budgeted nearly USD 1.4 billion in 2024 to buy and develop weapons at home - 20 times more than before Russia's full-scale invasion.
What are Putin's top challenges in new six-year term?
Vladimir Putin's re-election victory secures his sixth term in the Kremlin, marking a landslide win in an election where he faced no significant competition. As he begins another term, Putin faces key challenges, including decisions on the Ukraine war, trade and energy re-routing to counter sanctions, and navigating nuclear arms agreements with the U.S. Domestically, he must tackle issues like inflation and aging leadership. Putin's choices will shape Russia's path in the coming years.
Ukraine outnumbered, outgunned, ground down by relentless Russia
As the Ukraine war enters its third year, the 59th Brigade faces a grim reality: dwindling soldiers and ammunition to fight the Russians. Casualties and harsh conditions have depleted their ranks, with just 60-70% of their initial strength remaining. Russian forces, using advanced drone warfare, are making gains, and Ukraine's plea for more support from the West has been slow. With critical shortages in artillery shells and equipment, Ukraine's defence is challenged, and the conflict shows no signs of abating.
World needs pragmatism to deal with crises and challenges before it: Hardeep Singh Puri
Union minister Hardeep Singh Puri cited India's pragmatic approach in dealing with the implications of the Ukraine-Russia war at the World Economic Forum Annual Meeting. Puri said changes that are taking across the world and with the multiple crises out there, for a country like India it needs to ensure sustainable growth while delivering to its growing population.
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