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More than 10,000 additional US troops are expected to reach the Middle East this month, US officials said Wednesday as reported by The Washington Post. The deployment includes 6,000 personnel aboard the USS George HW Bush and its carrier strike group, which is currently sailing around Africa towards the region.Another 4,200 troops are part of…
India’s merchandise exports declined 7.44% year-on-year to $38.92 billion in March as disruptions in key trade routes amid the Middle East conflict weighed on outbound shipments.Imports also fell 6.51% to $59.59 billion from $63.75 billion in the year-ago period, reflecting the impact of tensions affecting routes such as the Strait of Hormuz, according to government…
PM Modi has asked ministries and government departments to review the evolving situation and draw up both immediate and long-term plans. (AI image) Atmanirbhar 2.0: The Middle East conflict has led India to re-work its self-reliance strategy to shield key supply chains and strengthen energy security in response to the global economic disruption triggered by…
Wall Street extended its gains on Tuesday, with investors stepping back into equities amid fresh signals that diplomatic efforts could ease tensions in the Middle East, even as corporate earnings remained in sharp focus.The Dow Jones Industrial Average rose 227.05 points, or 0.47%, to 48,445.30, while the S&P 500 gained 32.09 points, or 0.47%, to…
India will continue to retain its tag of being the world’s fastest growing major economy over the next two years as well. (AI image) In a boost for India, the International Monetary Fund (IMF) has raised the country’s GDP growth forecast for the next two fiscal years despite the ongoing Middle East conflict. IMF has…
China on Tuesday outlined a four-point proposal for lasting peace in the Middle East, with foreign ministry spokesperson Mao Ning sharing details of remarks made by President Xi Jinping.Xi made the proposal during a meeting in Beijing with Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, United Arab Emirates.The development…
What began as a conflict between the US, Iran and Israel, is now sending ripples far beyond the Middle East, spilling across the global economy. According to a report by the United Nations Development Programme (UNDP) the crisis risks pushing nearly 8.8 million people into poverty, with South Asia accounting for the largest share. The…
The United States has formally begun enforcing a naval blockade targeting Iranian ports and shipping routes in the Strait of Hormuz. Announcing the move, US President Donald Trump said American forces would “blockade any and all ships” attempting to enter or leave Iranian-controlled waters.The blockade came into effect on Monday, with US Central Command confirming…
Asian markets began the week on a shaky note, but the story isn’t uniform across the region. While most stocks slipped into the red as lingering uncertainty around the Middle East conflict dragged down investor sentiment, Singapore is bucking the trend with its comparitively better position and its markets hovering near record highs despite the…
Proxies’ usually apply to war or near war situations while ‘levers’ are really tools of diplomacy, coercion and negotiation which would be applicable in standoffs without wars actually being fought. They would be also applicable in situations where wars are underway, to limit, ignite or terminate them.Background‘Proxies and levers’ provide a novel theme to analyse,…
