Hours after Trump reposted racist comment, where he referred to India, China and other nations as "hell holes," the US Embassy in New Delhi sought to control damage done by the controversial post
Global shocks from pandemics to wars are reshaping currencies and capital flows, raising questions on RBI's role and India's external stability strategy
After the post sparked outrage, Christopher Elms, spokesperson for the US Embassy in New Delhi, said Trump had spoken warmly of India and called it a great nation
A leadership shift at the US Fed amid political pressure and policy debates could test central bank independence and shape global financial stability
The president has promoted the Gold Card visa program as a critical way of attracting talent to the US. Visa recipients pay $1 million to receive US residency
The letter posted by Trump on Truth Social, argued that birthright citizenship allows people to "flood America with illegal aliens to change the demographics forever"
Earlier in the day, the US military said it had seized another tanker allegedly linked to the smuggling of Iranian oil
For its part, Iran has said it will not resume negotiations while a US naval blockade on its ports is in place
Implementation of such a list could result in punitive measures against certain alliance members, including the strategic relocation of US personnel or restriction of American defence technology sales
A decades-old law allows the president to wage war without congressional approval for 60 days, then limits his options for continuing. President Trump may seek to get around it
US President Donald Trump on Wednesday said Iran respected his request, will free women whose release he demanded. The president said he has been informed that four of the women will be "released immediately," while four others will be sentenced to one month each in prison. "I very much appreciate that Iran, and its leaders, respected my request ... and terminated the planned execution," Trump wrote on the Truth Social platform. He said the women protesters were expected to be executed Wednesday. Rights groups that monitor Iran had said two of the women were already released on bail in March, and two others were known to face charges that carry the death sentences. They had been arrested during the January anti-government protests. Trump re-posted a photo of the women, including two teen girls, on Tuesday on social media, which a conservative activist noted are facing prosecution in Iran. The Iranian judiciary responded promptly, denying that any of them were on the verge of ...
Pezeshkian's remarks come after US President Donald Trump said he had decided to extend the ceasefire with Iran to give its leadership more time to come up with a unified proposal for negotiations
Iran fired on three ships in the Strait of Hormuz and seized two of them on Wednesday, intensifying its assault on shipping in the key waterway. The attacks came a day after US President Donald Trump extended a ceasefire while maintaining an American blockade of Iranian ports. The standoff between the US and Iran has effectively choked off nearly all exports through the strait - where 20% of the world's traded oil passes in peacetime - with no end in sight. Iranian media said the paramilitary Revolutionary Guard was bringing the two ships to Iran, marking a further escalation, though the White House said the seizures didn't violate ceasefire terms. The conflict has already sent gas prices skyrocketing far beyond the region and raised the cost of food and a wide array of other products. The price of Brent crude oil, the international standard, nosed over $100 per barrel, marking a 35% increase from prewar levels, but stock markets still appear to be shrugging it off. The European Uni
Navy Secretary John Phelan is leaving his job, the Pentagon abruptly announced Wednesday, the first head of a military service to depart during President Donald Trump's second term but just the latest top defense leader to step down or be ousted. No reason was given for the unexpected departure of the Navy's top civilian official, coming as the sea service has imposed a blockade of Iranian ports and is targeting ships linked to Tehran around the world during a tenuous ceasefire in the war. Another Trump loyalist is taking over as acting head of the Navy: Undersecretary Hung Cao, a 25-year Navy combat veteran who ran unsuccessful campaigns for the U.S. Senate and House in Virginia. Phelan's departure is the latest in a series of shakeups of top leadership at the Pentagon, coming just weeks after Defense Secretary Pete Hegseth fired the Army's top uniformed officer, Gen. Randy George. Hegseth also has fired several other top generals, admirals and defense leaders since taking office ..
Pakistan still trying to bring both sides together for negotiations
Iran fired on three ships in the Strait of Hormuz and seized two of them on Wednesday, intensifying its assault on shipping in the key waterway a day after US President Donald Trump extended a ceasefire while maintaining an American blockade of Iranian ports. Iranian media said the paramilitary Revolutionary Guard was bringing the two ships to Iran after seizing them in the strait, through which 20 per cent of the world's oil passes in peacetime. The standoff over Iran's closure of the strait and the US blockade raised doubts about when or if talks would resume to end the crisis. The conflict has already sent gas prices skyrocketing far beyond the region and raised the cost of food and a wide array of other products. The longer the strait remains closed, the more severe and widespread the effects will be - and the longer it will take the economy to bounce back. The European Union energy commissioner, Dan Jrgensen, warned of lasting impact for consumers and business, likening the ...
Trump claimed that Tehran is 'starving for cash' and is 'losing 500 million dollars a day'
US President Donald Trump said Tuesday he is extending the ceasefire with Iran at Pakistan's request while awaiting a "unified proposal" from Tehran, even as the US military maintains its blockade of Iranian ports. The move comes as the White House put on hold Vice President JD Vance's planned trip to Pakistan for a second round of truce talks with Iran, which has balked at further discussions. But Trump warned that the US military will continue its blockade of Iranian ports. Trump made the announcement as ceasefire talks looked increasingly uncertain with a two-week truce set to expire on Wednesday. Both countries had said they were prepared to resume fighting if no deal is reached. Trump said he would "extend the Ceasefire until such time as their proposal is submitted, and discussions are concluded, one way or the other." Iran has yet to decide whether to join the negotiations in Pakistan, a foreign ministry spokesman said earlier Tuesday, and will only take part if Tehran believ
Iran is yet to take a final call on joining the proposed talks in Pakistan, Foreign Ministry spokesperson Esmaeil Baghaei said on Tuesday
Warsh was responding to a question from Senator John Kennedy of Louisiana about whether he would be a "sock puppet" for the president. "Absolutely not," Warsh responded