Parameswaran Iyer named temporary nominee to IMF board ahead of meet to decide on $1.3bn Pakistan aid
Sunday, 4 May 2025 Parameswaran Iyer has been appointed as India's temporary nominee to the International Monetary Fund board, preceding a crucial meeting regarding a $1.3 billion support package for Pakistan. India opposes this funding due to concerns about Pakistan's alleged support for terrorism, particularly after the Pahalgam attack. This appointment follows the dismissal of Krishnamurthy Subramanian.
Trump Vs BRICS: In a move set to rattle global markets, former President Donald Trump has issued a severe warning to the BRICS nations and their allies. He threatens to impose a blanket 10% tariff on any country adopting what he terms "anti-American" policies backed by the bloc. This declaration comes after the 2025 BRICS Summit in Brazil, where the member nations, now numbering ten, issued a joint condemnation of recent US-Israel strikes on Iranian nuclear facilities, calling them "illegal."
The BRICS bloc, now representing 45% of the global population and 35% of the world's GDP, has become a significant geopolitical force. In their summit, they also criticized the West's "double standards" on global terror, specifically citing the Pahalgam attack in Kashmir as an example. This direct reference brings the conflict to India's doorstep. Trump claims the tariff letters for 12 countries are already "signed and ready," though sources suggest this could be a strategic bluff to test the bloc's unity.
This escalating tension is rooted in BRICS's core mission: to reduce dependence on the U.S. dollar. With their internal trade hitting $1 trillion in 2025 through local currency systems, the bloc, heavily influenced by China and Russia, is seen as a direct challenge to America's sanctions power and its dominance via institutions like the IMF and G7. For Trump, the bloc's growing anti-West stance and expanding economic influence represents a primary threat to American global leadership, setting the stage for a potential economic war.
#BRICS
#DonaldTrump
#USTariff
#BreakingNews
#WorldNews
#Geopolitics
#TradeWar
#OneindiaNews
#USDollar
#Dedollarization
Also Read
Trump Calls Musk’s America Party Plan ‘Ridiculous’ And ‘Unworkable’ :: https://www.oneindia.com/international/trump-calls-musk-s-america-party-plan-ridiculous-and-unworkable-7793443.html?ref=DMDesc
There Should Be No Hesitation In Imposing Sanctions Against Terrorists: PM Modi At BRICS :: https://www.oneindia.com/international/there-should-be-no-hesitation-in-imposing-sanctions-against-terrorists-pm-modi-at-brics-7793415.html?ref=DMDesc
America Will Be Richer, Safer, and Prouder: Trump As Big, Beautiful Bill Passes Congress :: https://www.oneindia.com/international/trump-s-big-beautiful-bill-passes-congress-in-big-win-for-us-president-011-7790919.html?ref=DMDesc
~ED.103~HT.408~GR.125~
US President Donald Trump said he stopped seven wars, including one between India and Pakistan that he claimed was just two weeks away from becoming a nuclear.. IndiaTimes
Union Minister Shivraj Singh Chouhan claimed that 'Operation Sindoor' forced Pakistan to seek talks, fearing India would target its nuclear base after.. IndiaTimes
In Jammu and Kashmir's Uri sector, Indian troops initiated search operations after spotting suspicious movement and opening fire along the Line of Control... IndiaTimes
Assam Chief Minister Himanta Biswa Sarma criticised activist Sayeeda Hameed for supporting illegal infiltration. Sarma accused Hameed of trying to make Assam.. IndiaTimes
Despite the suspension of the Indus Waters Treaty after the Pahalgam attack, India has alerted Pakistan about a potential flood in the Tawi River. The.. IndiaTimes
Addressing a gathering in Bihar's Gaya, the Prime Minister recalled his first visit to the state after the Pahalgam attack and said, "Bihar is the land of.. DNA
The Monsoon session of Parliament concluded amid uproar. Opposition protests over Bihar electoral rolls review and Pahalgam attack disrupted proceedings. Speaker.. IndiaTimes
Pahalgam Terror Elimination was executed with precision and resolve as India’s security forces took down the three terrorists responsible for the brutal April 22 Pahalgam attack. Under Operation Mahadev, the Indian Army, CRPF, and Jammu & Kashmir Police eliminated Suleman, Afghani, and Jibran near Srinagar. Forensic tests, Pakistani-made arms, and direct identification confirmed their involvement. The Pahalgam Terror Elimination showcases India’s zero-tolerance stance against terrorism and the government's commitment to justice. In Amit Shah’s words, the message is clear—those who attack innocent lives on Indian soil won’t walk away. Pahalgam Terror Elimination is more than an operation—it's a declaration.
#PahalgamTerrorElimination
#OperationMahadev
#IndiaFightsTerror
#JusticeForPahalgam
#AmitShahSpeech
~HT.178~PR.282~CA.144~GR.125~
As U.S. trade tensions mount, China is strengthening its grip on Latin America. At the China-CELAC Forum in Beijing, leaders from across the region gathered, with many deepening their commitment to..
Pakistan violated the truce within hours of the DGMO-level understanding, triggering fresh tensions across the border. Massive explosions were reported in Srinagar late Saturday night, plunging parts..
India’s stance on Pak’s misadventures remains unchanged despite the truce as India warns that any future escalation by Pakistan will be met with a decisive response. India’s military remains..