Washington, July 16 (IANS) The Trump administration has told lawmakers that it is reshaping US development finance and overseas investment to reduce America’s dependence on China for critical minerals, energy, telecommunications and other strategic supply chains, arguing that economic security has become inseparable from national security.Appearing before the House Foreign Affairs Committee on Wednesday (local time), senior officials from the US International Development Finance Corporation (DFC…
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New Delhi, July 14 (IANS) India’s transition to E20 fuel is part of a broader global shift towards cleaner transportation fuels, with many developed and emerging economies already adopting higher ethanol-blended petrol to reduce carbon emissions, improve energy security and lower dependence on imported crude oil.The rollout of petrol containing 20 per cent ethanol (E20) has sparked public debate in India in recent months, with concerns raised over vehicle compatibility and its broader impact. Ho…
Washington, July 9 (IANS) Fresh from concluding its landmark free trade agreement with the European Union, India is pursuing an ambitious strategy to expand its network of trade agreements across North America, Latin America, Africa and the Gulf, with negotiations already underway or planned with several major economies, the country’s chief trade negotiator has said.Speaking at an event hosted by the Peterson Institute for International Economics, Darpan Jain, India’s Chief Negotiator for the EU…
New Delhi, July 4 (IANS) Prime Minister Narendra Modi on Saturday congratulated Keiko Fujimori on her victory in Peru’s presidential election, reaffirming India’s commitment to further strengthening bilateral ties and expressing his eagerness to work closely with the incoming leader to deepen cooperation across multiple sectors.In a post on X, the Prime Minister said: “Heartiest congratulations, Keiko Fujimori, on your victory in the Peruvian Presidential elections.India deeply values its cl…
Saint Petersburg, July 1 (IANS) Russia’s Federal Security Service (FSB) said Wednesday that it had seized about 500 kg of cocaine concealed inside frozen tuna imported from Ecuador at the port of St. Petersburg. The cocaine was discovered in a cargo container carrying legally imported frozen whole tuna at a container terminal in the port, said the FSB.It said the shipment route is part of a trafficking net used to smuggle large quantities of cocaine from Latin America into Russia for distributio…
Washington, June 30 (IANS) A Chinese national has pleaded guilty in a US federal court to importing hundreds of kilograms of cocaine into the United States, laundering more than USD 22 million in drug proceeds and providing material support to the Mexican drug cartel ‘Cartel de Jalisco Nueva Generacion (CJNG)’, the Justice Department said on Tuesday.Wenshen Xu, 52, a Honduras-based Chinese national, admitted to conspiring to import cocaine into the United States, conspiring to launder proceeds f…
New Delhi, June 29 (IANS) Although the closure of Strait of Hormuz on February 28 was really a worst-case situation for global energy markets, the Indian government acted quickly to handle the crisis and ensure normal supply of fuels in the country, Navdeep Suri, former Ambassador of India to the UAE, said on Monday. Speaking to IANS, Suri said “I think there was some very proactive energy diplomacy that we saw”. “The special relationship that the government has forged with countries like th…
New Delhi, June 23 (IANS) India and Latin America have a unique opportunity to transform a long-overlooked relationship into a meaningful strategic partnership as global supply chains continue to be reshaped by geopolitical uncertainty, economic fragmentation, and growing concerns over strategic dependencies, according to a roundtable discussion convened by the Chintan Research Foundation (CRF).The discussion, titled ‘India-Latin America: The Unexplored Partnership’, was organised in New Delhi o…
New Delhi, June 13 (IANS) Latin American countries are facing growing pressure to strengthen their capacity to negotiate, evaluate, and oversee projects linked to China as China-linked infrastructure projects across Latin America are increasingly challenging institutional oversight mechanisms during execution, a new report has warned.Such accelerated implementation can reduce opportunities for technical review, public scrutiny, and comprehensive oversight, according to a report in Eurasia Review…
Washington, June 13 (IANS) US President Donald Trump said that the US military had killed the alleged leader of the Venezuelan criminal group Tren de Aragua in a military operation coordinated with Venezuela.In a post on Truth Social, Trump said US Southern Command carried out a “swift and lethal kinetic strike” that killed Héctor Rusthenford Guerrero Flores, known as “Niño Guerrero”, whom he described as “the infamous leader of Tren De Aragua, one of the most bloodthirsty Terrorist Organizati…