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US and India Seal Major Trade Pact as Tariffs Fall and Energy Ties Shift

                                      US President Donald Trump and Indian Prime Minister Narendra Modi  The United States and India have reached a significant new trade agreement that lowers U.S. tariffs on Indian goods to 18%, marking a major step toward easing recent economic frictions. In a reciprocal move, India has agreed to phase out its purchases of Russian oil, a longstanding point of tension in its relations with Washington. The deal signals a strategic realignment for both nations. India, one of the world’s largest energy importers, will begin redirecting its oil sourcing toward alternative suppliers, including the United States. Meanwhile, reduced tariffs are expected to boost Indian exports and strengthen commercial ties between the two economies. The announcement has already generated optimism among investors and industry groups, who anticipate smoothe...
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Ursula von der Leyen Secures Second Term as European Commission President

 

In a decisive vote, Ursula von der Leyen has been re-elected for a second five-year term as President of the European Commission. The European Parliament’s decision ensures continuity in leadership for the European Union’s executive branch during a period marked by significant challenges and transformations.

Von der Leyen, who hails from the centre-right European People’s Party, secured 401 votes in a secret ballot, surpassing the required 361 votes. Her re-election was supported by the three main pro-EU groups: the European People’s Party, the Socialists, and the liberals of Renew Europe.

In her acceptance speech, von der Leyen emphasized her commitment to addressing the pressing issues facing the EU, including the ongoing war in Ukraine, climate change, and migration. She pledged to strengthen the EU’s economy, enhance its police and border agencies, and pursue policies that balance environmental sustainability with the needs of farmers.

Von der Leyen’s leadership has been pivotal in navigating the EU through crises and her re-election is seen as a vote of confidence in her ability to continue steering the bloc towards stability and progress.


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