In a dramatic turn at the 2025 G7 Summit in Kananaskis, Canada, U.S. President Donald Trump abruptly leaves early amid intensifying conflict between Israel and Iran. As Israeli strikes ramp up against Iran’s nuclear infrastructure, G7 leaders release a joint statement urging de-escalation and...
Data reveals the EU's significant role in Russia's fossil fuel revenues, surpassing India's contribution since the Ukraine conflict began. Despite Western.. IndiaTimes
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
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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
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.
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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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Donald Trump hosts historic peace summit between Armenia and Azerbaijan
After almost four decades of bitter conflict, Baku and Yerevan might finally settle for peace in the region.
READ MORE : http://www.euronews.com/2025/08/08/donald-trump-hosts-historic-peace-summit-between-armenia-and-azerbaijan
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Trump raises bounty for President Nicolás Maduro's arrest to $50 million
US Attorney General Pam Bondi says Washington has seized more than $700 million in assets directly linked to Venezuela’s leftist President Nicolás Maduro, whom the US accuses of being a narco-trafficker.
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Jairam Ramesh recalled the 2020-21 farmers' protests against the three farm laws, alleging that the Prime Minister mocked the agitators by calling them "protest.. DNA
Hostage families join nationwide protests over Gaza offensive
Protesters demanding the return of hostages and an end to the Gaza war staged a beach display outside the US embassy in Tel Aviv on Friday, depicting Donald Trump’s profile with the slogan “End BB’s War”.
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Israeli Prime Minister Benjamin Netanyahu has offered India assistance in navigating US tariffs, suggesting he'd privately advise PM Modi on dealing with.. IndiaTimes
President Donald Trump has issued a bold ultimatum to Middle Eastern nations: mend ties with Israel or face diplomatic isolation. In a fiery address, Trump pushed for wider adoption of the Abraham Accords, warning regional powers that the time for neutrality is over. As tensions rise, this move marks a major pivot in U.S. foreign policy and a direct challenge to countries resisting normalization with Israel.
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Home Secretary Yvette Cooper says devastating images from Gaza highlight the urgent need for a ceasefire, humanitarian aid, and a long-term plan for peace in the Middle East.
Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
U.S. President Donald Trump has revealed that his special envoy, Steve Witkoff, may visit Russia on August 6 or 7 — just one or two days before the ceasefire deadline he has set for Moscow. If Russia fails to reach a peace deal with Ukraine by August 8, Trump says sweeping secondary tariffs will hit Russian oil and gas exports — and also target countries like India and China that continue to trade with Moscow.
Witkoff, who controversially met President Putin in April, drew criticism for echoing Kremlin narratives and using Russian translators during their talks. Despite his original role as Middle East envoy, Witkoff now appears to be Trump’s unofficial channel to Putin. The pressure is mounting: Trump says sanctions are ready, but also admitted Russia is “pretty good at avoiding them.” A critical moment is approaching, with diplomatic brinkmanship and global trade consequences at stake.
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The conflict escalates. In a bold and coordinated strike, the Yemeni armed forces launched three drones targeting Israeli military positions deep inside the occupied territories. The explosive visuals show fiery impacts across Yaffa, Ashkelon, and the port of Haifa, in what the Houthis call a retaliatory operation for Gaza.
The Yemenis say they will continue their drone and missile campaigns until Israel ends its siege and offensive in Gaza.
This marks one of the most significant escalations from Yemen in recent weeks, signaling a regional expansion of the war that now stretches far beyond Gaza’s borders.
Israel has not officially responded, but analysts warn that more such strikes could provoke a wider Middle East confrontation.
Watch the footage, military impact analysis, and the warning signs the world is ignoring.
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Tensions in the Middle East escalated as Hamas declared it will not disarm unless a fully sovereign Palestinian state is established with Jerusalem as its capital. This declaration came after U.S. envoy Steve Witkoff claimed Hamas showed willingness to lay down arms—an assertion Hamas quickly rejected. Israel, meanwhile, maintains disarmament as a non-negotiable precondition for any ceasefire deal.
As ceasefire negotiations stall, pressure builds from Western and Arab nations urging Hamas to give up arms. Meanwhile, a shocking video of Israeli hostage Evyatar David emaciated in captivity triggered a fresh wave of outrage. The humanitarian crisis in Gaza deepens, with UN agencies reporting hundreds killed while seeking aid. U.S. envoy Witkoff, currently in Israel, has met with hostage families and criticized partial peace plans. With over 60,000 deaths in Gaza and starvation rising, global calls intensify for an urgent resolution to end the bloodshed.
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In a bold response to Trump’s steep 50% tariffs, India and Brazil have vowed to deepen strategic and trade ties. Following a key call between PM Modi and President Lula, both leaders condemned unilateral sanctions and pledged to defend multilateralism. They agreed on a joint framework spanning trade, energy, defense, and technology, aiming to boost bilateral trade to $20 billion by 2030. Lula confirmed a 2026 India visit, while VP Alckmin will attend trade talks in New Delhi this October.
#IndiaBrazil #ModiLula #TrumpTariffs #GlobalSouthUnity #Multilateralism #StrategicPartnership #TradeAlliance #MERCOSURIndia #ModiDiplomacy #BrazilIndiaTrade #TariffResponse #USIndiaTensions #USBrazilTensions #GlobalTradeShift #ModiLulaTalks #BreakingNews #BilateralTies #TradeSanctions #DigitalInclusion #TechDiplomacy #EnergyCooperation #DefenceDialogue #AgricultureAlliance #SouthSouthCooperation #LulaInIndia #VPAlckmin #IndiaForeignPolicy #ModiSpeech #EconomicPartnership #TradeFramework #BRICSPlus
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PM Modi staunchly opposed US President Trump's increased tariffs on Indian goods, particularly in response to India's stance on Russian oil purchases. Modi.. IndiaTimes
President Lula da Silva and PM Modi discussed the US tariffs impacting both Brazil and India, exploring deeper integration. Lula accepted Modi's invitation to.. IndiaTimes
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