Morning news wrap: Canada PM says G7 summit invite to PM Modi 'made sense,'; Tesla stock crash wipes out $380bn in 2025 & more

India's FIERY Response To Trump's Warning | India Stands Firm On Russian Oil

India has doubled down on its decision to continue purchasing discounted Russian crude oil despite U.S. President Donald Trump's remarks suggesting New Delhi may halt such imports. Indian state-owned refiners reaffirmed that sourcing oil from Russia remains a strategic, price-driven choice essential for the country’s energy security, given its 85% crude import dependence. Officials emphasized that Russian oil is not under international sanctions and purchases comply with the G7/EU price cap mechanism, ensuring global markets remain liquid and prices stable. Sources argue that India's imports prevented oil prices from soaring above the March 2022 peak of $137 a barrel amid OPEC+ cuts. Meanwhile, reports of suspended purchases were dismissed, with officials highlighting the EU’s own high intake of Russian LNG. India insists its decisions are guided by national interest while contributing positively to global energy stability, even as Washington hints at possible penalties. #IndiaOilImports #RussianOil #TrumpTariffs #EnergySecurity #GlobalOilPrices #RussianCrude #OilTradeTensions #IndiaEnergyPolicy #USIndiaRelations #BrentCrude #OPECPlusCuts #PriceCapMechanism #RussianLNG #OilMarketStability #IndiaDefiesTrump #OilSupplyCrisis #GlobalEnergyCrisis #IndianRefiners #USRussiaTensions #OilImportsNews ~HT.410~GR.125~ED.103~

Starmer defends rising inflation figures at PMQs

Conservative leader Kemi Badenoch said: “We just heard that inflation is up again, the worst in the G7. We left him with 2% inflation. We have borrowing up, unemployment up, taxes are up (..) his budget last year had high taxes. That’s why the economy is contracting.” Sir Keir Starmer replied: “I think of the working people across this country who put in every day and don’t get back what they deserve, and that’s who we’re working for. That’s who we’re fixing the country (for).” Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

China FIRES BACK at U.S. Over Trump's Tariff Penalty on BRICS Allies, Warns Against Tariff War 2.0

The geopolitical stage is set for a major confrontation as the BRICS alliance prepares for its 2025 summit in Brazil. The bloc, which will include ten member nations, is openly challenging the long-standing economic hegemony of the United States. With members like China, Russia, and Brazil leading the charge, BRICS now represents a formidable force, accounting for 45% of the global population and 35% of the world's GDP. The group's primary objective is to reduce its dependency on the U.S. dollar by promoting trade in local currencies and developing alternative financial systems. The tension has escalated dramatically following a direct threat from former U.S. President Donald Trump. He warned that any nation aligning with BRICS' anti-dollar policies would face severe consequences, including a blanket 10% tariff with "no exceptions." This aggressive stance is a clear signal that the U.S. views the rise of BRICS as a direct threat to its ability to impose sanctions and control global financial networks like SWIFT. In response to the mounting criticism and Trump's threats, China's Foreign Ministry spokesperson, Mao Ning, has publicly pushed back. While rejecting claims that BRICS is an "anti-American" coalition, she firmly stated that the mechanism is not targeted at any single country. However, she also reiterated China's long-standing opposition to "tariff wars and trade wars," sending a clear message to Washington. This high-stakes diplomatic battle between the established G7 powers and the rising BRICS alliance could reshape the future of the global economy. #BRICS #DonaldTrump #USChinaRelations #WorldNews #Geopolitics #BreakingNews #DeDollarization #OneindiaNews #TradeWar #InternationalNews Also Read BRICS Leaders Push For India And Brazil's Inclusion As Permanent Members Of UN Security Council :: https://www.oneindia.com/international/brics-leaders-push-for-india-and-brazils-inclusion-as-permanent-members-of-un-security-council-7794021.html?ref=DMDesc 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 ~HT.410~GR.125~

Trump Vs BRICS: Trump Declares Economic WAR On BRICS Allies, Warns 10% Tariffs On ‘Anti-U.S Bloc’

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~

China's Jaw-Dropping Jets Roar in Beijing: Stealth Fighters, Mid-Air Refueling, All Set for WWIII?

Explosive Footage: China's Sky-Shaking Jet Spectacle Over Beijing – Stealth Fighters Dominate, Mid-Air Refueling Flexes Muscle, and a Bold Warning to the West! Watch in awe as massive V-formations of cutting-edge J-15 and J-35 carrier-based fighter jets slice through the skies with razor-sharp precision, executing complex maneuvers that scream high-level pilot skills and unbreakable synchronization. These aren't your grandpa's warplanes—these are stealth beasts, heavy bombers, and multirole war machines highlighting China's high-tech fleet and rapid modernization. And the real game-changer? Live mid-air refueling demos that prove Beijing can project power far beyond its borders, turning short-range ops into global threats! #ChinaMilitaryParade #AirPowerDominance #StealthFighters #J35Jet #VictoryDayParade #PLAAirForce #MidAirRefueling #BeijingFlypast #WWIIAnniversary #GeopoliticalTension #USChinaRivalry #NATOWarning #AerialWarfare #MilitaryModernization #TiananmenSquare #WorldWarIII #GlobalPowerShift #FighterJets #CarrierBasedAviation #AsianDominance Also Read PM Modi, Putin, Xi Jinping Share Light Moment At SCO Meet, Video Goes Viral :: https://www.oneindia.com/international/pm-modi-putin-xi-jinping-share-light-moment-at-sco-meet-video-goes-viral-7846917.html?ref=DMDesc PM Modi Flags Concern Over Cross-Border Terrorism During Meeting With President Xi :: https://www.oneindia.com/international/pm-modi-flags-concern-over-cross-border-terrorism-during-meeting-with-president-xi-7846875.html?ref=DMDesc Xi Jinping Tells PM Modi: ‘Dragon And Elephant Must Come Together’ At SCO Summit :: https://www.oneindia.com/international/xi-jinping-tells-pm-modi-dragon-and-elephant-must-come-together-at-sco-summit-7846211.html?ref=DMDesc ~HT.318~ED.194~PR.274~

China's Military Power: Full Victory Day Parade Show - Nuclear Missiles, Robot Dogs, Hypersonics

Experience Victory Day 2025 from Beijing like never before — full parade, in one take. China showcased its most advanced weapons and technology in the largest military parade since World War II. From nuclear-capable DF-61 and DF-5C ICBMs to hypersonic glide vehicles, stealth J-20 fighter jets, 99B tanks, AI-powered robot dogs, and directed-energy laser weapons — the display sent shockwaves through the West. The PLA’s modernization program is rapidly reshaping the global balance of power, raising urgent questions about U.S. influence, Asian security, and the next era of military rivalry. #ChinaMilitaryParade #ChinaVictoryDAY #VictoryDayParade #XiJinping #KimJongUn #Putin #ChinaMilitary #China #MilitaryDay #Victoryday #ww2 #ChinaVsWest #XiShowOfStrength #ChinaParade #Beijing #Geopolitics #WorldLeaders #BeijingParade #CinaPowerProjection Also Read PM Modi, Putin, Xi Jinping Share Light Moment At SCO Meet, Video Goes Viral :: https://www.oneindia.com/international/pm-modi-putin-xi-jinping-share-light-moment-at-sco-meet-video-goes-viral-7846917.html?ref=DMDesc PM Modi Flags Concern Over Cross-Border Terrorism During Meeting With President Xi :: https://www.oneindia.com/international/pm-modi-flags-concern-over-cross-border-terrorism-during-meeting-with-president-xi-7846875.html?ref=DMDesc Xi Jinping Tells PM Modi: ‘Dragon And Elephant Must Come Together’ At SCO Summit :: https://www.oneindia.com/international/xi-jinping-tells-pm-modi-dragon-and-elephant-must-come-together-at-sco-summit-7846211.html?ref=DMDesc ~HT.318~PR.274~ED.346~

Pakistan R*pe Gangs in UK | Countless Victims, Disturbing Patterns | UK Expert Reveals

Tesla CEO & Former Trump colleague Elon Musk has raised alarm over the issue of Pakistani R*pe Gangs in the UK responsible for sexu@l assault of teenage girls, calling the ‘R*ape of UK’. In conversation with OneIndia’s Nagen Singh, Burzine Waghmar, SOAS South Asia Institute, London reveals how illegal immigrants from Pakistan are behind this and how the UK govt has proven to be incompetent in dealing with them. Watch! #ElonMusk #UKNews #PakistaniGangs #UKCrisis #GroomingGangs #TeenageVictims #BurzineWaghmar #OneIndia #Sexu@lExploitation #MuskSpeaksOut #BreakingNews #UnitedKingdom #UKPolitics #CrimeCrisis #JusticeForVictims #SocialCrisis #UKGovernment #ImmigrationDebate #HumanRights #GlobalNews Also Read Elon Musk's Lawsuit Against Apple And OpenAI Alleges Unfair Competition For ChatGPT On IPhones :: https://www.oneindia.com/international/elon-musk-lawsuit-against-apple-openai-competition-011-7840705.html?ref=DMDesc Elon Musk's XAI Develops Baby Grok AI Chatbot To Ensure Child Safety Online :: https://www.oneindia.com/artificial-intelligence/elon-musks-xai-launches-baby-grok-ai-chatbot-for-children-011-7806815.html?ref=DMDesc Tesla Model Y Launched In India: Price, Features, Variants, Colours, Deliveries & More :: https://www.oneindia.com/india/tesla-model-y-car-price-in-india-check-car-deliver-waiting-period-variants-features-colours-ot-7801577.html?ref=DMDesc ~HT.410~GR.124~ED.102~

Musk’s New Party ‘DEAD ON ARRIVAL’? Billionaire Cancels Key Meetings, America Party Plans COLLAPSE

Elon Musk’s much-hyped new political party has reportedly stalled just two months after its launch. Sources say Musk is retreating amid GOP pushback, fearing damage to ties with Republican leadership, especially VP JD Vance. The Tesla billionaire has suspended meetings, distanced himself from allies like Andrew Yang, and shifted focus back to Republican politics. Despite once pledging millions for his own party, Musk may now redirect support toward Vance’s 2028 White House run. Critics argue Musk lacks the credibility and infrastructure to build a lasting third-party force. #ElonMusk #MuskParty #Politics #USPolitics #Republicans #JDVance #Trump #ThirdParty #PoliticalNews #Musk2028 #AmericaPAC #RogerStone #AndrewYang #Election2028 #GOP #PoliticalShift #MuskVsTrump #BreakingNews #TeslaCEO #PoliticalDrama #Campaign2028 #ElectionNews #MuskBacksVance #WhiteHouseRace #PoliticalPower #MuskPAC #USNews #ElectionBattle #ThirdPartyFail #PoliticalComeback ~ED.420~HT.408~

Trump ACCUSES Pelosi of MILLION-DOLLAR Stock Scams | Trump Threatens Jail Over $413M Portfolio

Donald Trump has launched a blistering attack on former House Speaker Nancy Pelosi, accusing her and her husband, Paul Pelosi, of insider stock trading worth hundreds of millions. In a fiery online post, Trump mocked the couple’s uncanny market success, alleging they used confidential policy information for profit. He cited controversial trades in Visa, Tesla, and Microsoft tied to major legislative and government contract decisions. With Pelosi’s portfolio valued between $264M and $413M, Trump is calling for accountability—and hinting that jail could be on the horizon. #Trump #NancyPelosi #PaulPelosi #InsiderTrading #PelosiStocks #StockMarket #PoliticalScandal #TrumpVsPelosi #WallStreet #PelosiPortfolio #BreakingNews #PoliticalDrama #Congress #WealthInPolitics #StockTrading #PelosiHusband #PoliticalFeud #PelosiScandal #PelosiWealth #TrumpAttack #InsiderTradingScandal #PoliticalNews #PelosiUnderFire #PelosiWealthGap #FinanceScandal #CapitolHill #PoliticalCorruption #PelosiWatch #TrumpRant #PelosiStory Also Read Did India’s S-400 Strike On Pakistan’s F-16s Trigger Trump’s Tariff War On New Delhi? Netizens Wonder :: https://www.oneindia.com/india/did-india-s-s-400-strike-on-pakistan-s-f-16s-trigger-trump-s-tariff-war-on-new-delhi-netizens-wonde-7824869.html?ref=DMDesc Trump Again Credits Himself for India-Pakistan Peace; Armenia, Azerbaijan Want Nobel for Him :: https://www.oneindia.com/international/trump-again-credits-himself-for-india-pakistan-peace-armenia-azerbaijan-want-nobel-for-him-7824761.html?ref=DMDesc US President Trump Says He Will Meet Russian Counterpart Putin On August 15 :: https://www.oneindia.com/international/us-president-trump-says-he-will-meet-russian-counterpart-putin-on-august-15-7824671.html?ref=DMDesc

The GRAND Tesla Entry Into India | Musk’s EV Giant Opens First Showroom in India at the KC, Mumbai

Tesla has officially entered India, launching its first showroom at Mumbai’s BKC with the Model Y on display. Priced at ₹61 lakh on-road, the Model Y marks Tesla’s push into India’s luxury EV space. Initially imported from Berlin, Tesla’s India debut has sparked praise and criticism—Donald Trump slammed the move as “unfair” due to U.S. export tariffs. While Indian officials welcome the launch, local automakers fear disruption. Tesla’s arrival may accelerate EV adoption and reshape India’s electric vehicle policy landscape. #TeslaIndia #ElonMusk #ModelYIndia #TeslaLaunch #BKCShowroom #EVIndia #TrumpVsTesla #ElectricVehicles #TeslaMumbai #TeslaIndia #TeslaExperienceCentre #LuxuryEV #MakeInIndia #IndianEVMarket #GigaBerlin #EVRevolution #TeslaNews #AutoIndustry #PolicyShift #TrumpSlamsTesla #BreakingNews #EVAdoption #India2030 #GlobalAutoNews #ElectricMobility #TeslaInAsia Also Read Tesla Model Y Launched In India: Price, Features, Variants, Colours, Deliveries & More :: https://www.oneindia.com/india/tesla-model-y-car-price-in-india-check-car-deliver-waiting-period-variants-features-colours-ot-7801577.html?ref=DMDesc Linda Yaccarino Resigns As CEO Of X After Two Transformative Years :: https://www.oneindia.com/international/linda-yaccarino-resigns-as-ceo-of-x-after-two-transformative-years-7796371.html?ref=DMDesc Elon Musk’s Starlink Cleared To Operate In India, Services To Begin Soon :: https://www.oneindia.com/international/elon-musk-s-starlink-cleared-to-operate-in-india-services-to-begin-soon-7796229.html?ref=DMDesc ~HT.318~ED.103~GR.125~

Trump VS Musk HEATS-UP | ‘RIDICULOUS! IT WON’T WORK’ | Trump slams Elon Musk’s America Party

Donald Trump lashed out at Elon Musk after the Tesla CEO launched his new “America Party,” calling the move “ridiculous” and branding Musk a “train wreck.” Trump warned Musk’s third-party push would hand Democrats an advantage and undermine GOP unity. Musk fired back, condemning both major parties as corrupt and vowing to shake up Congress in 2026. The clash escalates as Trump celebrates his anti-EV mandate bill and accuses Musk of personal lobbying and political chaos. #TrumpVsMusk #AmericaParty #ElonMusk #DonaldTrump #PoliticalShakeup #ThirdPartyPolitics #EVMandate #Tesla #TruthSocial #USPolitics #2026Elections #MuskTrainwreck #Uniparty #MuskVsTrump #CorruptSpending #GOPChaos #Congress2026 #OnePartyState #FreedomMovement #EVBill #PoliticalFeud #ElonInPolitics #TrumpRant #MuskPartyLaunch #NewPoliticalParty #BreakingPolitics #BillionaireBattle Also Read US President Donald Trump Announces 25% Tariffs On Japan, South Korea :: https://www.oneindia.com/international/us-president-donald-trump-announces-25-tariffs-on-japan-south-korea-7794333.html?ref=DMDesc 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 'Giving You Back Your Freedom': Elon Musk Launches America Party :: https://www.oneindia.com/international/giving-you-back-your-freedom-elon-musk-launches-america-party-7792741.html?ref=DMDesc ~HT.410~ED.420~