Pakistan gets $2.3 billion bailout package from IMF amid conflict with India, New Delhi abstains from voting
Friday, 9 May 2025 The IMF board approved two loan programs - $1 billion under the Extended Fund Facility (EFF) and $1.3 billion under the Resilience and Sustainability Facility (RSF).
The IMF’s approval of a $1 billion loan to Pakistan sparks controversy, with India raising serious concerns. India’s government warns that the funds could be used to fuel state-backed terrorism, especially as Pakistani drones target Indian cities for the third consecutive night. Despite India's...
India has exempted specific migrants from Afghanistan, Bangladesh, Pakistan, Nepal, Bhutan, and Tibet from penal action under the new immigration law... IndiaTimes
Kathua Police have dismantled an interstate drug trafficking operation that used drones to receive narcotics from Pakistan. The investigation began after 447g of.. IndiaTimes
A day after being ignored by Russian President Vladimir Putin at the SCO Summit, Pakistan PM Shehbaz Sharif attempted damage control by praising Moscow’s ties with New Delhi, calling them “fine.” Sharif also lauded Putin as a “dynamic leader” and expressed Islamabad’s desire to strengthen relations with Russia. The awkward outreach came after Sharif was seen rushing behind Putin, who walked with China’s Xi Jinping. Meanwhile, Indian PM Narendra Modi warned against global terror double standards, highlighting decades of Pakistan-linked terrorism.
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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.
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Relations between India and US have remained strained since the announcement of tariffs early last month. This is also pushing New Delhi closer to Russia and.. DNA
New Delhi faces fresh flood threat as Yamuna River crosses danger mark
Heavy monsoon rains battered northern India on Tuesday, killing at least 10 people in 24 hours and forcing authorities to shut schools and offices in several areas.
READ MORE : http://www.euronews.com/2025/09/02/new-delhi-faces-fresh-flood-threat-as-yamuna-river-crosses-danger-mark
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