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Matein Khalid ​I spent a wonderful afternoon with an​ old friend​, a Persian prince in his cousin’s Jumeirah villa to heal from the trauma of multiple Hindutva chick​en hawks keyboard warriors berating me for​ pointing out the fact that Dassault Aviation shares have fallen 3% in Paris while the Chinese J-10CE fighter jet (Vigorous Dragon) soared 20% in Shenzhen. Only a moron with a Stone Age IQ […]

By Nitya Chakraborty The joint declaration issued by the Russian President Vladimir Putin and the Chinese President Xi Jinping on the eve of the Victory Day on May 9 upholding longstanding friendship to pursue mutual benefit and win-win outcomes in the new era carries major significance in the present period of global tariff war as […]
By Nitya Chakraborty It is now official. After waiting for a few days since Donald Trump diluted the U.S. tariff rates for China and announced his intention for talks, China confirmed on Wednesday morning that a high level Chinese negotiating team will be visiting Switzerland for four days beginning May 9 to hold talks with […]

The United Arab Emirates has called upon India and Pakistan to exercise restraint and prioritise diplomatic engagement following a surge in cross-border hostilities that has heightened fears of a broader conflict in South Asia.

Sheikh Abdullah bin Zayed Al Nahyan, the UAE’s Deputy Prime Minister and Minister of Foreign Affairs, issued a statement on Wednesday urging both nations to avoid further escalation that could jeopardise regional and international peace. He emphasised that diplomacy and dialogue remain the most effective means of resolving crises peacefully and achieving shared aspirations for stability and prosperity.

The appeal comes in the wake of India’s missile strikes targeting nine sites in Pakistan and Pakistan-administered Kashmir, reportedly aimed at militant infrastructure linked to the April 22 attack in Indian-administered Kashmir that killed 26 tourists. India’s Defence Ministry stated that the strikes were focused, measured, and non-escalatory, asserting that no Pakistani military facilities were targeted. However, Pakistan reported that the attacks resulted in at least 19 casualties, including women and children, and damaged several mosques and a medical clinic.

In retaliation, Pakistan claimed to have shot down five Indian fighter jets and launched strikes into Indian-administered Kashmir, reportedly killing three people. The heightened conflict has led to school closures, disrupted international flights, and drawn global concern, with calls for restraint from China, the United Nations, and U.S. leaders.

Sheikh Abdullah’s statement underscores the UAE’s commitment to supporting initiatives aimed at peaceful conflict resolution and mitigating humanitarian consequences. He stressed the importance of heeding voices calling for dialogue and mutual understanding to prevent military escalation and strengthen stability in South Asia.

The UAE has a history of mediating in regional conflicts and has previously facilitated exchanges between conflicting parties. Its call for restraint reflects a broader international consensus urging India and Pakistan to de-escalate tensions and engage in constructive dialogue to resolve their longstanding disputes.

The security situation between India and Pakistan has escalated to its highest point in years after a deadly assault on Indian tourists in Kashmir last month. The attack, which claimed several lives, has intensified long-standing hostilities between the two nuclear-armed neighbours. Both nations now stand at a critical juncture, with diplomatic channels strained and military forces on high alert, leading many to fear the potential for an […]

HONG KONG SAR – Media OutReach Newswire – 4 May 2025 – From March to April 2025, JCI Victoria conducted an online survey to examine the current situation, barriers, and needs of people with disabilities in Hong Kong regarding sports participation. The survey received responses from 285 participants. Over half of the respondents felt that the current sports resources provided by the government or sports organizations do […]

Matein Khalid My idea of nirvana Xanadu and Lotus Land is an eme​rging markets strategy bull session in the Waldorf cigar lounge with two bros who can dissect the best money making ideas in EM FX, EM sov debt and EM equities in the dozen odd countries where we see macro fairytales and masala shorts in sectors/countries on the precipice of emergi​ng nightmares from Brazil to Hong […]

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Namibian Minister of Agriculture, Fisheries, Water and Land Reform, Mac-Albert Hengari, resigned on Sunday after being arrested in connection with ongoing investigations. The resignation came just hours after Hengari’s arrest, which has sparked political debate and raised questions about the future of Namibia’s agricultural policies. The state broadcaster, NBC, confirmed the resignation, citing a statement from the government. Hengari’s arrest is linked to allegations of corruption and […]

Lebanon’s government is optimistic about securing a staff-level agreement with the International Monetary Fund within the coming months. The move represents a significant step towards addressing the country’s crippling financial crisis, which has left the Lebanese pound in freefall, unemployment rates soaring, and inflation skyrocketing. The news has brought a flicker of hope for a nation desperate for international assistance, after enduring years of economic turmoil exacerbated by political instability and the effects of the 2019 Beirut port explosion.

The announcement, made by Lebanon’s Minister of Economy and Trade, Amin Salam, comes at a time when the country is facing its worst economic collapse since the end of the civil war in the 1990s. Despite the IMF’s cautious stance on extending its aid to Lebanon, negotiations are progressing, and the country is hopeful that an agreement could finally be reached. Salam stated that the aim is for the Lebanese authorities to finalise discussions with the IMF, which would then allow Lebanon to access critical funding to stabilise its economy.

Securing a deal with the IMF is a priority for Lebanon as it seeks to unlock international loans and support. Lebanon has been in talks with the IMF for over two years, with the institution imposing strict financial reforms as a condition for assistance. These reforms are designed to rebuild Lebanon’s crippled financial institutions, tackle rampant corruption, and implement fiscal discipline. However, these measures have been met with resistance from political elites, many of whom have been accused of contributing to the financial crisis through mismanagement and corruption.

The IMF’s requirements include reforms such as restructuring Lebanon’s financial sector, implementing measures to improve the country’s fiscal transparency, and reducing public sector spending. The institution has made it clear that Lebanon must address these structural weaknesses before it can secure international aid. Lebanon’s political class, long known for its infighting and inability to push through reforms, has struggled to meet these expectations, with reforms stalling in the face of political resistance.

Despite these challenges, some experts believe that the IMF agreement is crucial to any hopes of Lebanon stabilising its economy. The Lebanese government has faced mounting pressure from citizens who are increasingly disillusioned with their leaders’ inability to address the country’s dire financial situation. Protests have erupted across the country in recent years, calling for an end to corruption and better governance. While these protests have led to some changes, they have not been enough to reverse the economic downturn.

Economic indicators show the extent of Lebanon’s struggles. The Lebanese pound, which once traded at 1,500 to the dollar, now hovers around 100,000 pounds to the US dollar on the black market, reflecting a dramatic devaluation. Inflation has surged, with food prices spiraling out of control, and essential services such as healthcare and education becoming increasingly unaffordable for many Lebanese citizens. This economic decline has driven more than 60% of the population into poverty, according to estimates from the United Nations and local organisations.

The IMF’s involvement is seen as a necessary step in restoring confidence in Lebanon’s financial system. However, the road to recovery will be long and fraught with challenges. A key issue is the need for political unity. Lebanon’s fractious political system, which is based on a delicate sectarian balance, has hindered the passage of many essential reforms. The lack of a functioning president, with the presidential seat remaining vacant for several months due to political deadlock, has added to the uncertainty.

International donors, including the European Union and Gulf countries, have signalled their support for Lebanon’s recovery plan, but they are also waiting for concrete reforms before committing significant funds. They have been clear that Lebanon’s political elite must demonstrate the political will to implement the reforms required for a sustainable recovery.

By Satyaki Chakraborty Vietnam has shown how a well calibrated trade diplomacy can be conducted in the year 2025 amidst the ongoing tariff war between the two biggest economic and military powers of the world USA and China. Both countries are having best trade relations with this South East Asian nation which is a sort […]

President Donald Trump is set to host an exclusive dinner on May 22 at the Trump National Golf Club in Washington, D.C., inviting the top 220 holders of his $TRUMP memecoin. This announcement has led to a significant surge in the coin’s value, with prices climbing over 60% to reach $16.17, marking its highest level since early March.

The event, organized by Fight Fight Fight LLC, stipulates that eligibility is determined by average holdings between April 23 and May 12. Attendees must pass a background check and cannot be from countries on Know Your Customer watchlists. The top 25 holders will receive additional perks, including a VIP reception and a special tour with the president. However, the event terms note that Trump may not attend, in which case winners would receive a limited edition Trump NFT instead.

Launched on January 17, 2025, just days before Trump’s inauguration, the $TRUMP coin is hosted on the Solana blockchain. Initially, 200 million tokens were released, with plans to expand the total supply to 1 billion over three years. Approximately 80% of the tokens are held by CIC Digital LLC and Fight Fight Fight LLC, entities linked to the Trump Organization. The coin’s market capitalization has reached approximately $2.6 billion, ranking it as the 37th-largest cryptocurrency.

Matein Khalid Gold’s spectacular bull market since its mid-2022 bottom at 1600, amid the most brutal monetary tightening by the Fed since the Volcker era under JayPo (now branded as a “loco” and a “major loser” by President Trump) has climbed seminal macro walls of worry. A surge in the US Dollar Index to 110 in Jan’25 did not kill gold’s bull run nor did tough love […]

By Pablo Castaño ROME: There may come a time when we look back on the last decade as an anomaly in the modern history of the Catholic Church. Pope Francis — the figurehead of these years, and a radical by the standards of the Catholic hierarchy — is gone, and we are now likely to […]

HONG KONG SAR – Media OutReach Newswire – 22 April 2025 – On Earth Day, Watsons, the flagship health and beauty brand of AS Watson, announces an expanded partnership with ClimatePartner to enhance its carbon compensation initiative. For every purchase of selected Watsons Sustainable Choice products, we aim to offset over 4,000 tons of CO2 emissions. Inspiring Customers to Choose Wisely, Live Sustainably To meet the growing […]

By Kalyani Shankar The Bihar polls at the end of the year are pretty unpredictable. As of now, there will be no cakewalk for the BJP, RJD, Congress or the JD(U). The churning is quietly taking place in Bihar politics. There could be a potential shift in power dynamics. The BJP, playing second fiddle to […]

Matein Khalid Thank God my macro instinct flashed a “get out” SOS in late February and I dumped King Dollar for Bonnie King Charlie’s British pound before New Year late last year and thus averted fate worse than death/Matty miskeen. My macro guardian angel now whispers a few subliminal ideas. One, Chinese factories shed 20 million workers last week and hiring is down 30%. So the youth […]

By Nitya Chakraborty Though there is a 90 day pause in Trump’s latest unilateral imposition of reciprocal tariffs on most of the countries, the trade war between the USA and China, the two largest economies of the world is in full steam imparting tremors in global trade and economy. Close advisers of Trump were expecting […]
By K Raveendran In both foolhardiness in decision making and shameless flip-flop in dealing with disastrous aftermaths, Narendra Modi and Donald Trump have exhibited a total lack of honesty in admitting their mistakes. The similarity is too striking to be missed. Thanks to recklessness and impulsiveness in decision making—Narendra Modi with demonetization and Donald Trump […]
By P. Sudhir The 24th Congress of the CPI(M), which concluded at Madurai on April 6 with a massive rally, was notable in many respects. There were changes both in the agenda and content of the Congress discussions. First of all, a Political Review Report which reviewed the implementation of the political-tactical line adopted at […]
By Nitya Chakraborty 71 year old CPI(M) politburo member Mariam Alexander Baby has taken over as the sixth general secretary of the Communist Party of India (Marxist) following his nomination at the 24th congress of the Party which concluded at Madurai on April 6. Baby is a veteran leader of the CPI(M) from Kerala with […]

Dr Imran Khalid President Donald Trump’s declaration of April 2, 2025, as “Liberation Day” marked a seismic shift in U.S. trade policy, with the imposition of sweeping reciprocal tariffs that have sent shockwaves through the global economy. The new measures include a universal 10% tariff on all imports, with punitive rates as high as 54% for China, 46% for Vietnam, and 20% for the European Union, alongside […]

By Satyaki Chakraborty Communist Party of India (CPI) general secretary D. Raja gave a clarion call on Wednesday for the building of principled unity of all communists in India to act as the vanguard of the battle against the Narendra Modi government and the RSS-BJP led Sangh Parivar. Addressing the inaugural session of the 24th […]

President Donald Trump has indicated that his first international trip in his second term will likely include visits to key countries in the Middle East, namely Saudi Arabia, the United Arab Emirates , and Qatar. While speaking to the press in the Oval Office, Trump suggested the visit could occur next month, though he noted it might be slightly delayed depending on diplomatic and scheduling considerations.

This trip is expected to be a crucial moment in Trump’s foreign policy, as it will focus on reinforcing the United States’ strategic relationships in the region, particularly in the wake of his administration’s efforts to reshape the dynamics of the Middle East through initiatives such as the Abraham Accords and military partnerships. The planned visit underscores the ongoing importance of these Gulf nations as key players in both regional and global geopolitical matters, including security, energy, and economic cooperation.

The president’s statement reflects the evolving nature of U.S. foreign policy in the Middle East, where traditional alliances have been reinforced while new partnerships, especially with the UAE and Bahrain, have emerged over the past few years. The Abraham Accords, signed in 2020, have opened new avenues for diplomatic engagement in the region, with several Arab countries normalising ties with Israel, a move that has significantly altered the political landscape.

Saudi Arabia, as a longstanding ally of the United States, remains at the heart of the Middle East’s geopolitics, particularly in relation to energy markets and security concerns regarding Iran’s growing influence. Trump’s administration was marked by its staunch support for the kingdom, including a controversial stance on the murder of journalist Jamal Khashoggi and its military cooperation in the region. A visit to Riyadh would likely reaffirm these strategic ties, especially as the U.S. continues to grapple with Iran’s nuclear ambitions and its role in regional instability.

The UAE has also become an increasingly influential partner, not only in terms of energy and security but also in fostering technological innovation and investment. In addition to hosting Israeli diplomatic missions following the Abraham Accords, the UAE has positioned itself as a hub for economic development, hosting major events like Expo 2020 Dubai and advancing its space exploration programme. Trump’s engagement with the UAE signals an ongoing commitment to strengthen ties with nations that have emerged as leaders in the Middle East’s economic diversification efforts.

Qatar, a key player in regional diplomacy and a host to the massive U.S. military base at Al Udeid, will also play a central role in Trump’s plans. As a small but influential country, Qatar has positioned itself as a mediator in various regional conflicts, often serving as an intermediary between conflicting parties in the region. Trump’s relationship with Qatar has been critical, particularly in relation to military cooperation and counter-terrorism efforts, and his visit would likely reaffirm the importance of these ongoing collaborations.

While the specifics of the trip remain unclear, the White House has made it known that the president’s travels will reflect the continued prioritisation of U.S. interests in the Middle East. Following years of tension over issues such as the U.S. withdrawal from Afghanistan and its approach to Iran, the Middle East remains a focal point of U.S. foreign policy. This visit could signal a shift towards a more engaged and active approach, particularly as the region faces new challenges ranging from economic instability to security threats from non-state actors.

Experts suggest that Trump’s trip will also serve as a signal to other global powers, particularly China and Russia, of the U.S.’s commitment to maintaining its influence in the Middle East. The region’s role in global energy production, combined with its strategic location at the crossroads of Europe, Africa, and Asia, makes it a critical area for U.S. interests. Trump’s visit is expected to focus on advancing energy partnerships, countering the growing influence of China in the region, and ensuring that U.S. military presence continues to be a stabilising factor in the face of Iranian provocations and broader geopolitical shifts.

Trump’s visit comes at a time when the Middle East is witnessing significant shifts in its diplomatic and economic alignments. Saudi Arabia, for example, has begun to recalibrate its foreign policy, striking deals with China and Russia, and there are signs that the kingdom is exploring new relationships outside its traditional Western alliances. Trump’s visit could also serve to counter these new trends, reinforcing U.S. leadership in the region.

The trip could be particularly significant for the future of U.S. relations with Israel. Although Israel’s peace agreements with several Arab states have altered the region’s political landscape, U.S. support for Israel remains a cornerstone of its Middle East policy. Trump’s visit will likely address how the U.S. plans to build on these agreements while navigating the evolving dynamics between Israel and its Arab neighbours.

As Trump prepares for his visit, discussions will also revolve around the broader implications of his foreign policy agenda. The Middle East is not only a region of military importance but also a key player in the global fight against terrorism, as well as in shaping energy markets and technological innovations. Trump’s emphasis on strengthening partnerships with countries like Saudi Arabia, the UAE, and Qatar will be crucial in setting the tone for the next phase of U.S. involvement in the region.

By Sushil Kutty Congress President Mallikarjun Kharge is adamant that nobody (does “nobody” include Congress?) can “change the Constitution drafted by Babasaheb Ambedkar” and that nobody “can finish reservation” either. The question then boils down to can anybody give Muslims reservation, i.e., reservation on the basis of religion? The Constitution says ‘no’. The Congress leaves […]
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