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U.S. close to making deal with India, says Trump amid new tariffs announced against 14 nations
Trump’s remarks came after he announced new tariffs for 14 nations, including Thailand, Myanmar, Bangladesh, South Korea, and Japan, that will take effect on August 1
President Donald Trump said on Monday (July 7, 2025) night (local time) that the U.S. is close to reaching a trade deal with India, even as he announced tariffs on 14 nations.
While speaking to reporters as he hosted Israeli Prime Minister Benjamin Netany
India will give a ‘new form’ to BRICS grouping in 2026: PM Modi
India will attempt to give a “new form” to the BRICS next year, said Prime Minister Narendra Modi in his intervention at the grouping’s summit in Rio De Janeiro on Monday (July 7, 2025), as the Indian side prepared to take over the leadership of BRICS from current president Brazil.
“Under India’s BRICS presidency, we will work to define BRICS in a new form. BRICS will mean Building Resilience and Innovation for Cooperation and Sustainability. Just as, during our G-20 chairmanship, we gave priority to the issues of the Global South in the agenda, similarly during our chairmanship of BRICS, we will take this forum forward in the spirit of people-centricity and humanity first,” said Mr. Modi speaking at the session on Environment, COP 30 and Global Health.
The End of America’s Exorbitant Privilege
Since his return to office, US President Donald Trump has been systematically destroying markets’ faith in the dollar and the US economy. If he refuses to heed their warnings, as seems likely, the US should brace for a dollar and bond-market crisis in the run-up to next year’s midterm elections.
Taiwan’s Tough Talk Is Stoking Cross-Strait Tensions
Since Taiwan’s pro-independence president, William Lai, took office in January 2024, China has gradually tightened its vise on the island. While neither side wants war right now, both sides have found political utility in pursuing controlled provocations against the other.
NEW YORK – China has been squeezing Taiwan for years. Chinese President Xi Jinping has made the island’s unification with the mainland a key pillar of his nationalist agenda and ordered the People’s Liberation Army (PLA) to be ready to seize the island by 2027. But since Taiwan’s pro-independence president, William Lai, took office in January 2024, the vise has tightened, with air and naval incursions into Taiwan’s air-defense zone a daily occurrence.
Sports
Cristiano Ronaldo enjoys quiet holiday on
Cristiano Ronaldo enjoys quiet holiday on huge yacht in Mallocra with partner Georgina Rodriguez before making Al-Nassr return following contract extension
C. Ronaldo
Al Nassr FC
Saudi Pro League
Cristiano Ronaldo has been pictured enjoying a peaceful holiday with partner Georgina Rodriguez aboard a luxury yacht in Mallorca, just days after extending his contract with Al-Nassr. The Portugal captain opted to skip Diogo Jota’s funeral for personal reasons, and is now spending time away from the spotlight ahead of linking up with his Saudi Pro League side.
Transfer news LIVE: Gyokeres to Arsenal twist, Eze bid; Chelsea expect Madueke offer; shock Man Utd deal close
Arsenal, Chelsea and Manchester United are all targeting some major signings as the summer window continues to ramp up. Arsenal are closing in on a deal for Viktor Gyokeres after learning Sporting’s final asking price and are planning a move for Eberechi Eze, while Chelsea expect them to launch a bid for Noni Madueke as the Gunners also prepare to sign Christian Norgaard and pursue the likes of Rodrygo, Anthony Gordon and Cristhian Mosquera.
Chelsea are said to hold interest in Arsenal duo Ethan Nwaneri and Max Dowman, having also been linked with hijacking Tottenham’s move for Mohammed Kudus. Manchester United are believed to be on the verge of signing Javi Guerra from Valencia as they finally look to clinch the arrival of Bryan Mbeumo and eye Douglas Luiz and Dominic Calvert-Lewin, though Victor Osimhen may be heading back to Galatasaray.
Chinese President Xi's move to share power, his absence from BRICS fuels speculation about his political future
When Xi Jinping ascends the stage of the Great Hall of the People in Beijing on Sunday morning to open, for a second time, the ruling Communist Party’s once-in-five-year congress, his appearance was meant to have been his last.
For the past three decades, the leaders of China’s Communist Party (CPC) have passed on the baton to their successors every 10 years, following a two-term limit set by the former leader Deng Xiaoping. The 18th Party Congress in 2012, when Xi took over, saw Hu Jintao step down. Mr. Hu himself ascended to the top job at the 16th Congress in 2002, taking over from Jiang Zemin.
In Bihar SIR challenge, Supreme Court refers to 1977 verdict on Election Commission’s powers
Even as a pitched legal battle lies ahead for the Special Intensive Revision (SIR) exercise in Bihar, the Supreme Court on Monday (July 7, 2025) drew petitioners’ attention to a judgment which observed that the Constitution does not “exalt” the Election Commission as a “law unto itself”.
As Opposition parties joined forces in the top court, claiming the SIR of electoral rolls would inflict an ugly dent on the rights of crores from the marginalised sections of Bihar society, and even disenfranchise them, Justice Sudhanshu Dhulia, heading a Division Bench, referred to the court’s 1977 judgment in M.S. Gill versus Chief Election Commissioner, which said the “little, large Indian shall not be hijacked from the course of free and fair elections… A free and fair election based on universal adult franchise is the basic”.
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The Global Ripple Effects of the Iran-Israel Conflict in 2025
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Iran-Israel Conflict 2025: What’s Really Happening?
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Iran-Israel Conflict: A Rising Tension in the Middle East (2025 Analysis)
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The Global Impact of Football: More Than Just a Game
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Humanitarian Breakthrough: Iran and Israel Enter Ceasefire Agreement
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Voices from Both Sides
Israeli Prime Minister Benjamin Netanyahu stated that the decision to pause hostilities was “a step toward protecting civilian lives while defending national interests.” Iran’s President
A Fragile Peace: What the Iran-Israel Ceasefire Means for the Region
In an unexpected yet cautiously welcomed development, Iran and Israel have entered into a temporary ceasefire agreement after a period of heightened tensions and military
WASHINGTON, DC – When he was France’s finance minister in the 1960s, former French President Valéry Giscard d’Estaing famously complained about the “exorbitant privilege” that the dollar’s position as the world’s leading reserve currency conferred on the United States. This meant, essentially, that the US could borrow at low interest rates, run persistently large trade deficits, and print money to finance its budget deficits. He never could have imagined that the US would end up letting these advan