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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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Massive Russian Strike Tests Diplomacy on Eve of Peace Talks

 

A damaged apartment house is seen following Russia’s missile and drone attack in Kyiv, Ukraine, Tuesday, Feb. 3, 2026.

Russia launched one of its most intense overnight assaults of the war, firing roughly 450 drones and 70 missiles across Ukraine just a day before scheduled talks aimed at exploring a path toward ending the conflict. Ukrainian President Volodymyr Zelensky said the timing of the attack was deliberate, describing it as an attempt to intimidate civilians and undermine diplomatic efforts.

The strikes targeted energy facilities, residential areas, and emergency infrastructure during harsh winter conditions, leaving several regions without power and forcing rescue teams to work through the night. Ukrainian officials said air defenses intercepted many of the incoming threats but acknowledged that the scale of the barrage caused significant damage.

Despite the escalation, Ukraine has signaled it will still participate in the upcoming discussions, which are expected to focus on humanitarian issues and potential frameworks for reducing hostilities. Whether meaningful progress can be made while fighting intensifies remains uncertain, but both sides face growing international pressure to find a path toward de‑escalation.


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