Washington, April 9 (IANS) The White House used Pakistan as a primary channel to reach Iran on a temporary ceasefire, underscoring Islamabad’s pivotal yet contested role in sensitive back-channel diplomacy, the Financial Times, London, reported.For weeks, the Trump administration leaned on Islamabad to persuade Tehran to accept a pause in fighting tied to reopening the Strait of Hormuz. Pakistan’s positioning as a Muslim-majority neighbour was seen as key to making the US-backed proposal mor…
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Tehran, March 14 (IANS) Iran on Saturday accused the United States of double standards over Russian oil, saying that Washington was now “begging” countries to purchase the same crude it had earlier tried to block through pressure and sanctions.In an X post, Iran’s Foreign Minister Abbas Araghchi slammed the US, alleging that it had spent months pressuring India to halt imports of Russian oil but had now shifted its position as tensions with Iran disrupted global energy markets.”The US spent mont…
New Delhi, Feb 13 (IANS) Chief of artificial intelligence at Microsoft, Mustafa Suleyman, has warned that most white‑collar roles that rely on computers could be automated within the next 12 to 18 months.He informed that the company is building a “professional‑grade AGI”, that could automate majority of works done by lawyers, accountants, project managers and marketers.In an interview with the Financial Times, Suleyman said Microsoft is racing to develop “professional‑grade AGI”, A…
New Delhi, Jan 19 (IANS) The European Union is preparing to tighten its stance on Chinese-made equipment by pushing for a mandatory phase-out from critical infrastructure, including telecom networks and solar energy systems, a report has said.The move could directly impact Chinese companies such as Huawei and ZTE, which are currently used by several European telecom operators, according to a report by the Financial Times.At present, the EU has a voluntary framework in place to restrict so-called…
Brussels, Jan 19 (IANS) The European Union is considering hitting Washington with 93 billion euros ($107.68 billion) worth of tariffs or restricting American companies from the bloc’s market, in response to US President Donald Trump’s tariff threats over Greenland, according to Financial Times.Citing officials involved in the preparations, the Financial Times said the retaliatory measures are being drafted to give European leaders leverage ahead of pivotal meetings with Trump at the World Econom…
New Delhi, Jan 12 (IANS) Maersk is considering increasing its use of ethanol as a fuel as part of its efforts to cut carbon emissions and reduce dependence on China for green fuels.In an interview with the Financial Times, Maersk CEO Vincent Clerc said the company is exploring ethanol as an alternative fuel because production is more evenly spread across countries.He pointed out that while China dominates the market for fuels such as green methanol, the United States and Brazil are the world’s…
Berlin, Dec 31 (IANS) Delivering his New Year’s address on Wednesday, German Chancellor Friedrich Merz said that Europe must strongly assert its own interests in an increasingly volatile world. In the address, Merz characterised the current global situation as an “epochal shift,” marked by geopolitical upheavals, a return to protectionism, and changing transatlantic dynamics, Xinhua News Agency reported.”Our partnership with the United States of America, which has long been the reliable guaranto…