The Maldives, heavily indebted to China, faces economic peril according to IMF warnings.
President Muizzi's alignment with Beijing over traditional ties with India strains relations.
Experts caution against repeating past mistakes of heavy borrowing, emphasizing the need for a balanced foreign policy approach for long-term stability.
Indian naval chopper accused of unauthorised sortie in Maldives, high commission in Male dismisses allegation. Indian aviation platforms in Maldives operate as.. IndiaTimes
India has extended budgetary support of 50 million dollars to the island nation following the recent visit of Maldives foreign minister Moosa Zameer. The support.. IndiaTimes
Maldives receives USD 50 million budget support from India through a Treasury Bill rollover, acknowledging India's significant assistance in infrastructural.. IndiaTimes
Maldives replaced 76 Indian military personnel with civilian employees from Hindustan Aeronautics Limited to operate gifted helicopters and platforms. Moosa.. IndiaTimes
Indian Prime Minister Narendra Modi's revelation about India's diplomatic intervention in the Gaza conflict has sparked intrigue. In an exclusive interview with Aaj Tak, PM Modi disclosed sending a special envoy to Israel during Ramadan, urging them to cease airstrikes in Gaza. Despite facing criticism and navigating domestic political campaigns, PM Modi's diplomatic stance adds complexity to India's foreign policy. Explore the implications of PM Modi's actions and their impact on global relations in this insightful discussion.
#PMModi #Gaza #GazaWar #IsraelIndiaRelations #IsraelPalestine #BenjaminNetanyahu #NarendraModi #Ramazan #IndiaIsrael #Oneindia
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In a dramatic overnight operation, Russia claims to have intercepted more than 100 Ukrainian drones across the southern part of the country, over annexed Crimea, and across the Black Sea. This marks one of the largest overnight drone attacks by Ukraine to date. As Russian forces advance along the front lines, achieving significant territorial gains, Ukraine's drone strategy faces intense defensive measures. Join us as we delve into the details of this major development in the ongoing Russia-Ukraine conflict.
#RussiaUkraineWar #RussiaUkraine #RussiaAttacksUkraine #UkrainettacksRussia #RussianDrones #UkrainianDrones #VladimirPutin #VolodymyrZelenskyy #RussianWeapons #UkrainianWeapons #Oneindia
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In a surprising turn of events, US soldier Gordon Black, detained in Vladivostok, Russia, pleads guilty to theft charges. Get the latest updates on this developing story from Russia's RIA state news agencies. Stay tuned for more details.
#USSoldierinRussia #USSoldier #Russia #WestRussiaTensions #RussiaUSRelations #RussiaUSTensions #VladimirPutin #JoeBiden #Oneindia
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May 20th is the scheduled date of the Fifth Phase of the Lok Sabha Elections. And one of the seats in this crucial contest where voting will take place is the Raebareli Constituency. The Congress, on May 3, announced Rahul as a candidate from Raebareli and loyalist KL Sharma from Amethi, keeping Priyanka as well as Vadra out of the electoral contest. Rahul Gandhi is a sitting MP in Kerala's Wayanad, where he is seeking a fresh term alongside Rae Bareli. Rahul represented Amethi from 2004 until 2019. Priyanka Gandhi held a mega roadshow in Rae Bareli ahead of the fifth phase of voting. Oneindia News brings to you an exclusive update on the political pulse of Rae Bareli.
#LSPolls2024 #RaebareliBattle #RahulGandhi #PriyankaGandhiRaebareli #PriyankaGandhiRaebareliRoadshow #LocalsSpeakOut #RahulGandhi #PriyankaGandhi #PMModi #Congress #BJP #INDIAlliance #ElectoralBattle #IndianPolitics #RaebareliElections
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In the United States, the presidential election campaign is in full swing. Young voters are often considered difficult to reach. And with both Democrats and Republicans fielding candidates born in the 1940s, the parties are worried about how to get the youth vote out.
#USPolitics #ElectionCampaign #YouthVote #VoterEngagement #PoliticalParties #GenerationZ #MillennialVoters #GetOutTheVote #YouthEngagement #USPresidentialElection #OIDW #DWVideos
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Addressing a rally in Haryana's Ambala, "When there is a 'dhakad' government in the country, enemies also think 100 times before doing anything. Pakistan had.. IndiaTimes
IMF Warns of Broad Global Impact, Due to Conflict in the Middle East.
According to 'The Guardian,' the International Monetary
Fund recently highlighted the risks of escalating
conflict in the Middle East with two new reports. .
The reports, titled World Economic Outlook (WEO) and the Global Financial Stability Review (GFSR), comes amid heightened fears of a war between Iran and Israel.
The IMF reports that the escalating conflict comes at a time when financial markets have remained optimistic of a soft landing for the global economy.
The IMF reports that the escalating conflict comes at a time when financial markets have remained optimistic of a soft landing for the global economy.
That soft landing, which would include lowering inflation, receding interest rates and would avoid a potential recession, could be threatened by the outbreak of war.
That soft landing, which would include lowering inflation, receding interest rates and would avoid a potential recession, could be threatened by the outbreak of war.
'The Guardian' reports that previous Middle East conflicts have resulted in significantly higher oil prices. .
Pierre-Olivier Gourinchas, the IMF’s economic
counsellor, said the organization was evaluating the
potential for another commodity shock from the conflict.
The increased inflation that would
come from higher energy prices would
trigger a response from central banks that
would tighten interest rates in order to
secure inflation coming back to target,
and that would weigh down on activity, Pierre-Olivier Gourinchas, IMF economic counsellor, via 'The Guardian'.
The increased inflation that would
come from higher energy prices would
trigger a response from central banks that
would tighten interest rates in order to
secure inflation coming back to target,
and that would weigh down on activity, Pierre-Olivier Gourinchas, IMF economic counsellor, via 'The Guardian'.
It would do so in a context in which,
in some countries, activity and growth
is already fairly weak, so that might
also have a strong effect there, Pierre-Olivier Gourinchas, IMF economic counsellor, via 'The Guardian'.
According to Gourinchas, the impact of a 15% increase
in the price of oil, combined with higher shipping costs,
could result in a 0.7% increase in global inflation.
According to Gourinchas, the impact of a 15% increase
in the price of oil, combined with higher shipping costs,
could result in a 0.7% increase in global inflation.
Gourinchas also warned that such
an increase would also bring down
business confidence and global investment.
Credit: Wibbitz Top Stories Duration: 01:31Published
Putin and Xi Announce Plans , to Strengthen Partnership.
Russian President Vladimir Putin arrived
in Beijing on May 16 for a two-day visit with
Chinese President Xi Jinping, 'The Guardian' reports. .
In a May 15 interview with China's
state-run news agency, Xinhua, .
Putin referenced the "unprecedented level of strategic partnership between our countries" as the reason for his first foreign trip since beginning his fifth term as Russia's president. .
The two leaders signed a joint statement on May 16 declaring a "new era" of partnership.
The China-Russia relationship today
is hard-earned, and the two sides
need to cherish and nurture it, Xi Jinping to Vladimir Putin, via Reuters.
China is willing to ... jointly achieve
the development and rejuvenation
of our respective countries, and
work together to uphold fairness
and justice in the world, Xi Jinping to Vladimir Putin, via Reuters.
The joint statement also
criticized the United States.
The United States still thinks in terms
of the Cold War and is guided by the
logic of bloc confrontation... , Via joint statement.
... putting the security of
'narrow groups' above regional security
and stability, which creates a security
threat for all countries in the region, Via joint statement.
The U.S. must abandon this behavior, Via joint statement.
After attending a concert on May 16, Putin and Xi will go for a walk in the park to talk and then have tea and dinner with other Russian delegates.
The following day, the two men will visit Harbin, once called "Little Moscow," to pay tribute to the city's Russian influence
Credit: Wibbitz Top Stories Duration: 01:31Published
As President Putin holds talks with President Xi in Beijing on Thursday, the trading relationship between their two countries will feature prominently. Sky News
Pakistan plans to seek a $6 billion IMF loan to repay looming debts. The federal budget allocates $2.5 billion from the IMF, as Pakistan faces a $22 billion debt burden with reserves covering just one..
A Chinese research ship, Xiang Yang Hong 03, has arrived in the Maldives, causing renewed concerns in the region and raising questions about its activities in the Indian Ocean.
#XiangYangHong03..
Maldives faces a severe economic crisis with mounting debt, reaching nearly USD 4.038 billion, prompting President Muizzu to seek aid from China and Middle Eastern nations. Despite delays in Chinese..
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