Mass Shooting In Bangkok; 8 Casualties As Gunman Opens Fire In Or Tor Kor Market
The Houthis have issued a fiery threat to the U.S., Saudi Arabia, and Qatar, warning of military action if Gaza border crossings remain closed. In a viral video, Houthi leaders slammed Arab regimes for betraying Palestine. They accused Qatar and Saudi of cowardice and complicity, declaring: 'Open Gaza or we will - by force.'
466 views | 2 hours ago
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
3 minutes ago
- Time of India
Unseen Tsunami Video: 8.8 Quake EXPLODES Mountain, Rocks Collapse & Volcano Erupts In Russia
"India Is Russia's...": Donald Trump Announces 25% Tariffs Plus Penalty On India Former U.S. President Donald Trump has announced a 25% tariff on India, effective August 1, citing India's continued purchase of Russian military equipment and energy. In a post on Truth Social, Trump referred to India as a friend but criticized its high tariffs and trade barriers, calling them among the worst globally. He said India, along with China, remains a major buyer of Russian energy despite global calls to end the war in Ukraine. As a result, Trump stated that India would face both the tariff and an additional penalty for its defence and energy ties with Russia.#donaldtrump #indiatariffs #russiaukraine #tradebattles #foreignpolicy #geopolitics #usindia #globaltrade #indiarussia #americatrade #tariffthreat #toi #toibharat 109.7K views | 3 hours ago
Economic Times
3 minutes ago
- Economic Times
Donald Trump's tariffs punishment on Russia may emerge as victory for Putin
Russia's stock market has fallen by 3.4 per cent since July 24. A weaker rouble boosts export competitiveness by making Russian goods cheaper globally and increases revenue from oil exports priced in dollars. Tired of too many ads? Remove Ads Boost for Russian Currency Support for Russian Economy Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads FAQs Russian markets reacted cautiously to U.S. President Donald Trump 's threat to impose new sanctions, with analysts saying on Wednesday a weaker rouble and higher oil prices as a result of his measures may support the economy in the short term. Trump said on Tuesday the United States would start imposing tariffs and other measures on Russia "10 days from today" if Moscow showed no progress toward a peaceful settlement in Ukraine. Oil prices gained more than 3 per cent on his remarks. The rouble has dropped 4.3 per cent since July 24 to 81.9 to the U.S. dollar on stock market has fallen by 3.4 per cent since July 24. A weaker rouble boosts export competitiveness by making Russian goods cheaper globally and increases revenue from oil exports priced in dollars. "The uncertainty of new U.S. sanctions will continue to weigh on the sentiment of Russian investors," said Alexei Antonov from Alor rouble has rallied by up to 45 per cent against the dollar this year, thanks to the central bank's tight monetary policy and hopes for easing tensions between Russia and the U.S. after talks held in Saudi Arabia in rouble's appreciation lowered the revenue of Russian commodity firms from oil and gas majors to metals and fertilizer exporters. Such firms make up about 60 per cent of the stock market, which is off-limits to Western investors because of in some exporting companies rose after the rouble started sliding, with oil firm Rosneft, Russia's biggest, gaining over 2 per cent since the start of the week, and nickel producer Nornickel rising by over 5 per cent on July 29."Fundamental support for the Russian exporters' stocks is provided by soaring oil prices and a significantly weakened rouble," said BCS brokerage analyst Mikhail central bank's decision on July 25 to cut its key interest rate as inflation eased also helped the rouble's fall.A weaker rouble will support the state budget, the main target of Trump's measures, by increasing the rouble-denominated value of Russia's energy revenue even if that shrinks due to new made up 27 per cent of Russia's state budget revenue in the first half, down from around 30% in 2023 and some weakening of the rouble to around 90 to the dollar is welcomed by the market, a more significant slide towards 100 and beyond is seen as harmful for the analysts recalled November 2024, when the rouble weakened sharply after the U.S. imposed new sanctions. The rouble lost 11% between November 22 and November analysts said Russian investors were lining up to buy foreign currency to hedge the risk of falling export revenues in case Trump imposes secondary sanctions on buyers of Russian oil, such as China and India."In part, the concerns are not unfounded. It was precisely (former U.S. President Joe) Biden's farewell sanctions package at the end of last year that caused the rouble to plummet," Finam analysts wrote in their research note.A1. President of USA is Donald Trump.A2. President of Russia is Vladimir Putin
Mint
3 minutes ago
- Mint
‘More drama in Trump tariff soap opera': Capitalmind CEO Deepak Shenoy as US imposes 25% tariffs on India
Founder of Capitalmind Mutual Fund Deepak Shenoy has reacted to US President Donald Trump's announcement on imposing a 25 per cent tariff and a penalty on Indian goods. In a post on the social media platform X, Shenoy wrote, 'More drama in the Trump tariff soap opera. We're going to see more of this in the coming days.' He further added, 'India and the US don't trade that much in goods, and so we won't trade too much going forward either, because now both countries have higher tariffs on each other.' When one of the users asked about the state of pharmaceutical and chemical exports, Shenoy replied, 'The american importers will have to pay more for them; or they have to go through cycles of approvals for new FDA approved plants elsewhere (sic).' On Wednesday, July 29, US President Donald Trump announced a 25% tariff on India, citing high duties and non-monetary trade barriers. He criticised India's military purchases from Russia, imposed a penalty, and stated that the tariff would be effective from August 1. In a post on his Truth Social account, Trump wrote, 'Remember, while India is our friend, we have, over the years, done relatively little business with them because their Tariffs are far too high, among the highest in the World, and they have the most strenuous and obnoxious non-monetary Trade Barriers of any Country.' He pointed out that India imports military equipment and oil from Russia, the country responsible for the war in Ukraine, according to Trump. As a result, he intends to impose a 'penalty' on India from Friday onwards. India responded to Trump's tariffs by saying that it was 'studying its implications' and taking steps 'necessary to secure our national interest.' New Delhi also said that it remains committed to 'fair, balanced, mutually beneficial' trade agreement with the US. 'The Government has taken note of a statement by the US President on bilateral trade. The Government is studying its implications. India and the US have been engaged in negotiations on concluding a fair, balanced and mutually beneficial bilateral trade agreement over the last few months. We remain committed to that objective,' the Ministry of Commerce & Industry said.
