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The Diplomat
32 minutes ago
- Politics
- The Diplomat
India's Monarchy Fantasy in Nepal Is a Strategic Mirage
The vision of a pro-India monarch is a dangerous misreading of Nepal's history, its political complexities, and the implications for India's regional interests. In recent months, pro-monarchy demonstrations have flared across Nepal, with some protesters carrying posters of Indian Chief Minister Yogi Adityanath. These symbolic gestures are not incidental. They signal a growing ideological intersection between Nepal's royalist nostalgia and India's rising Hindu nationalism. For some in India's ruling Bharatiya Janata Party (BJP) – and its ideological mentor, the Rashtriya Swayamsevak Sangh (RSS) – the return of a Hindu monarchy in Nepal is being framed as both a civilizational triumph and a strategic necessity. But this vision is a dangerous misreading of Nepal's history, its political complexities, and the implications for India's regional interests. For India, the idea of a culturally aligned, Hindu-majority monarchy in Nepal appears attractive amid the growing Chinese presence in the region. Proponents argue that a Hindu king could serve as a bulwark against Beijing, foster cultural affinity, and stabilize a politically turbulent neighbor. This narrative has gained traction among Indian right-wing commentators and politicians alike, echoing similar ideological currents across the subcontinent. But this fantasy is historically flawed and strategically shortsighted. Nepal's monarchy was never the steadfast Indian ally it is now nostalgically remembered as. After King Tribhuvan's exile and return with Indian Prime Minister Jawaharlal Nehru's support in 1950, hopes for a constitutional monarchy in Nepal were high. Yet these hopes were quickly dashed. King Mahendra's 1960 royal coup dismantled the nascent democracy, suppressed pro-India politicians, and aligned Nepal closer to China – a pattern that recurred with his son, King Gyanendra, during his 2005-08 power grab. Rather than strengthening ties with India, these monarchs often positioned themselves in opposition to Indian influence, using Hindu nationalism to consolidate internal power and assert sovereignty. Gyanendra's regime, in particular, alienated New Delhi and created fertile ground for Chinese strategic inroads. Far from a stabilizing force, Nepal's monarchy repeatedly proved to be a source of autocracy and diplomatic estrangement. The renewed royalist fervor in Nepal is often conflated with calls to re-establish a Hindu state. But not all supporters of a Hindu identity in Nepal support restoring the monarchy. The Nepali Congress, one of the country's largest democratic parties, has formally endorsed the idea of a Hindu state, while opposing monarchical rule. This distinction is crucial. While monarchy implies authoritarian rule, calls for a Hindu state are more about cultural assertion – especially amid growing anxieties over federalism, secularism, and demographic change. Still, both narratives stem from widespread public frustration with Nepal's current political system. Since the monarchy's abolition in 2008, no elected government has completed a full term. Federalism, while progressive in theory, is seen by many Nepalis as creating more inefficiency and corruption, summed up in the popular quip: 'Earlier we had one king, now we have 761.' This disillusionment is the fertile ground on which royalist and theocratic fantasies grow. The BJP-RSS establishment's embrace of Nepal's monarchists reflects more than strategic calculation; it is rooted in a shared ideological affinity for majoritarian nationalism and centralized religious authority. Figures like Yogi Adityanath – who symbolize the fusion of Hindu religiosity and political power – are seen by Nepal's royalist right as aspirational models. The imagery of Adityanath at Nepal's protests is a visual manifestation of this ideological export. Yet India's historical actions have not always helped its image in Nepal. Two unofficial blockades – one in 1989 and another in 2015 – inflicted economic hardship and deepened resentment. Meanwhile, perceptions of Indian interference in Nepal's domestic politics remain strong, further complicated by conspiracy theories (such as India's alleged role in the 2001 royal massacre) that, while baseless, are emotionally potent. These legacies have allowed China to position itself as a 'non-interfering partner' and expand its footprint through infrastructure investments, soft power, and engagement with Nepal's security apparatus. In contrast, India's growing ideological alignment with monarchy risks alienating democratic forces within Nepal and undermining its long-term influence. Restoring a monarchy in Nepal won't fix the structural issues that fuel instability: youth unemployment, rural poverty, and elite-driven governance. Over 4 million Nepalis now work abroad, and remittances equate to nearly 30 percent of GDP. Nepal's economy remains heavily dependent on India, especially for trade, electricity, and transit infrastructure. India has made quiet but substantial investments in this sector – from the 900 MW Arun-III hydropower project to completed railway links like Jaynagar–Bardibas. Cross-border electricity transmission lines and the BBIN (Bangladesh, Bhutan, India, Nepal) initiative could position Nepal as a clean energy exporter in the region. These are the kinds of practical integrations that truly stabilize bilateral relations – not ideological posturing. Meanwhile, Nepal's elected communist leaders – despite occasional anti-India rhetoric – have maintained functional ties with New Delhi. Leaders like Pushpa Kamal Dahal and current Prime Minister K.P. Sharma Oli may wave nationalist flags, but their electoral legitimacy requires ongoing engagement with India. Even critics of federalism are not necessarily calling for a return to monarchy, but rather for reforms that make democracy deliver. Ultimately, betting on monarchy is not a foreign policy strategy – it's an ideological fantasy. If India wants to compete with China and maintain long-term influence in Nepal, it must invest in pluralism, economic cooperation, and democratic consolidation. The imagery of Yogi Adityanath in Kathmandu may excite some in Nagpur, but it alarms many in Nepal – and even more in India's diplomatic community. India's strength in South Asia has always come from its democratic model, not its imperial ambitions. Replacing that model with nostalgia for crowns and gods will only open the door further to adversaries who offer infrastructure without interference, and partnership without prescriptions.
Axios
33 minutes ago
- Business
- Axios
Texas Instruments expanding U.S. chip production
Texas Instruments plans to spend $60 billion to produce more chips in the U.S. and has carved out an even larger role for Sherman, where the Dallas-based company is building a megasite. Why it matters: Chips are integral to cars, data centers and electronics and are difficult to manufacture. The Biden and Trump administrations have advocated for the U.S. to manufacture more chips domestically and rely less on Chinese tech components. State of play: TI says it will make the country's largest investment in foundational semiconductor manufacturing, creating over 60,000 new jobs. The company was already building two semiconductor fabrication plants, referred to as fabs, at a megasite in Sherman. Now, the company says it will build two more plants at the site to support future demand. TI also plans to ramp up production at its existing plants in Richardson and Lehi, Utah. The intrigue: TI is more than graphing calculators. The 95-year-old company's technology is found in Apple products, Ford vehicles, SpaceX's Starlink internet service and health care equipment. The company is also working with Nvidia to develop advanced AI infrastructure. Zoom out: Samsung is investing more than $40 billion, along with $6.4 billion in federal money, to expand semiconductor production in Central Texas, including a 1,200-acre chip manufacturing plant outside Austin — almost twice as large as the company's flagship campus in South Korea. Taiwan Semiconductor Manufacturing Co. is planning six plants in Phoenix and says 30% of its most advanced chips will be produced in Arizona. Threat level: The U.S. has scrambled to ramp up chip production capacity after the pandemic exposed the country's overreliance on imports as a national security issue, Axios' Nathan Bomey reports.
NZ Herald
42 minutes ago
- NZ Herald
The brutal, callous and depraved murder of Yanfei Bao - A Moment in Crime
On June 13, Chinese national Tingjun Cao was jailed for life for the murder of Christchurch real estate agent and mother Yanfei Bao. Bao, 44, was stabbed to death in July 2023 and buried in a shallow grave on a farm
Scottish Sun
an hour ago
- Automotive
- Scottish Sun
Iconic British carmaker Lotus ‘threatens to close UK factory and set up new plant in US' with 1,300 jobs at risk
Lotus may be axing production at its headquarters in Hethel, Norfolk DRIVEN AWAY Iconic British carmaker Lotus 'threatens to close UK factory and set up new plant in US' with 1,300 jobs at risk Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) ICONIC British sportscar manufacturer Lotus threatening to close a UK factory and set up in the US. The carmaker may be axing production at its headquarters in Hethel, Norfolk, and heading to the United States, as reported by the BBC. Sign up for Scottish Sun newsletter Sign up 4 1,300 jobs could be at risk if plans were to go ahead Credit: Getty 4 The brand promised it was "committed to the UK" despite recent cuts Credit: Getty 4 Lotus blamed the "volatility" caused by Donald Trump's trade tariffs for the cuts Credit: Getty The firm has declined to make any official statement on potential plans. But, sources claimed moving production to the US was being discussed. This would put 1,300 jobs at risk if plans were to go ahead. It emerges after production in Hethel was temporarily suspended due to the tariffs on cars being imported to the US. The hikes meant business with the States was at risk, with American sellers required to pay taxes of 25% on imports of cars and car parts. In fact, exports to the US have halved since Trump's tariffs were introduced, figures revealed. This comes after the firm warned it is being forced to make more cuts, after scrapping hundreds of jobs. Lotus again blamed the "volatility" caused by Donald Trump's trade tariffs for the cuts. The luxury sports car company announced the cuts despite the fact it has almost doubled sales over the last year. The motorcar firm recorded 12,134 sales in the 2024 financial year, a 74% increase on the 6970 sales made the previous year. The modern classic Lotus Elise However, Lotus made just £21.7m in gross profit, a significant decrease on the £76.3 million it made the previous year. Chief financial officer Daxue Wang blamed the decrease in profits on the impact of worldwide tariffs and "global trade uncertainties." He added that Lotus, which will become one company when the sports car division merges with the Chinese electric car division, will be forced to undergo "strategic cost optimisation to improve profitability." 'As we progress with the acquisition of Lotus UK, we are committed to driving cost streamlining and operational enhancements across all markets to continuously deliver long-term value,' Mr Wang said. The beginning of these cost-cutting measures was announced last month, when the manufacturer announced that it would be cutting 270 jobs. The brand promised it was "committed to the UK" despite the cuts, but this has done little to ease fears. A spokesperson said: "The proposed restructuring is vital to enhance our competitiveness in today's market. "Lotus Cars has announced a proposed business restructure to ensure sustainable operations, amid volatile and evolving market conditions including the US tariffs and shifting consumer demand for sports cars. "The company plans to increase synergies across the wider Lotus brand and with its largest shareholder and technology partner, Geely Holding Group. "It will look at greater resource sharing and collaboration in technology, engineering, and operations." Days after the job cuts were announced, Lotus' current owner Geely International, triggered a 2023 agreement to force Lotus Technology Inc to buy back 51 per cent of Lotus Advanced Technologies. Currently Geely owns 51 per cent of Lotus, with the other 49 percent owned by Malaysian group Etika Automotive. Qingfeng Feng, Senior Vice President of Geely Holding Group and CEO of Group Lotus, said: "This acquisition marks a critical milestone in our strategic journey to fully integrate all businesses under the Lotus brand. "It will strengthen brand equity and enhance our operational flexibility and internal synergies. "We are confident that the transaction will create substantial long-term value for our shareholders." Donald Trump's introduction of 25 percent tariffs on car imports to the US has heaped huge pressure on car brands. The UK sends one sixth of all of the cars it builds each year to the US. These include luxe models from car brands such as Aston Martin, Rolls Royce and Land Rover. Sales to the US amount to about 100,000 a year, with a worth of around £8 billion. Trump has claimed that the import tax for cars, which came into play on April 2, would lead to "tremendous growth" for the industry. However, experts say it will likely lead to a temporary shutdown of significant production in the US and strain relations with other countries. 4 Iconic British sportscar manufacturer Lotus is threatening to close a UK factory and set up in the US Credit: Alamy More to follow... For the latest news on this story keep checking back at The Sun Online is your go-to destination for the best celebrity news, real-life stories, jaw-dropping pictures and must-see video. Like us on Facebook at and follow us from our main Twitter account at @TheSun.
The Advertiser
an hour ago
- Business
- The Advertiser
US trade deals may be wrapped up by September: Bessent
Trade deals between US President Donald Trump's administration and other countries could be done by the September 1 Labor Day holiday, US Treasury Secretary Scott Bessent says. Bessent on Friday cited talks with 18 main United States trading partners and new revisions to a deal with China aimed at expediting rare earths shipments. The United States sent a new proposal to the European Union on Thursday and India sent a delegation to Washington DC for more talks. "So we have countries approaching us with very good deals," Bessent said on Fox Business Network. "We have 18 important trading partners. ... If we can ink 10 or 12 of the important 18, there are another important 20 relationships, then I think we could have trade wrapped up by Labor Day," Bessent said. He did not mention any changes to a July 9 deadline for countries to reach deals with the United States or have tariffs spike higher, but has previously said that countries negotiating in good faith could get deals. Trump told reporters at the White House on Friday that he could extend the tariff deadline or "make it shorter," adding that within the next week and a half, he would notify countries of their tariff rates. "I'd like to just send letters out to everybody: Congratulations. You're paying 25 per cent" tariffs, Trump said in an apparent joke. Bessent said the United States and China had resolved issues surrounding shipments of Chinese rare earth minerals and magnets to the US, further modifying a deal reached in May in Geneva. As part of its retaliation against new US tariffs, China suspended exports of a wide range of critical minerals and magnets, upending supply chains central to car makers, aerospace manufacturers, semiconductor companies and military contractors around the world. During US-China talks in May in Geneva, China committed to removing the measures imposed since April 2 but those critical materials were not moving as fast as agreed, Bessent said, so the US put countermeasures in place. "I am confident now that we - as agreed, the magnets will flow," Bessent said, adding that these materials would go to US firms that had received them previously on a regular basis. He did not disclose details of the latest agreement, which Trump administration officials said was reached earlier this week. Efforts to resolve the dispute included a phone call between Trump and Chinese President Xi Jinping which led to teams from both sides meeting again in London, as negotiators try to end a trade war between the world's biggest economies. China's commerce ministry said on Friday the two countries have confirmed details on the framework of implementing the Geneva trade talks consensus. It said China will approve export applications of controlled items in accordance with the law. It did not mention rare earths. China has dual-use restrictions in place on rare earths which it takes "very seriously" and has been vetting buyers to ensure that materials are not diverted for US military uses, according to an industry source. This has slowed down the licensing process. Indian government sources told Reuters that a trade delegation from New Delhi was back in Washington DC on Friday aiming to sew up a limited US trade deal ahead of the July 9 deadline. Trump administration officials frequently count India among countries with which trade talks are at an advanced stage, along with Japan. But early optimism about a simple deal to reduce India's high tariffs has hit roadblocks over disagreements on US import duties for car parts, steel and farm goods, Indian officials with direct knowledge said. Trump said that his administration was looking to get a "full trade barrier dropping" deal with India. "I'm not sure that that's going to happen but as of this moment, we've agreed to that - go into India and trade," Trump said. Trade deals between US President Donald Trump's administration and other countries could be done by the September 1 Labor Day holiday, US Treasury Secretary Scott Bessent says. Bessent on Friday cited talks with 18 main United States trading partners and new revisions to a deal with China aimed at expediting rare earths shipments. The United States sent a new proposal to the European Union on Thursday and India sent a delegation to Washington DC for more talks. "So we have countries approaching us with very good deals," Bessent said on Fox Business Network. "We have 18 important trading partners. ... If we can ink 10 or 12 of the important 18, there are another important 20 relationships, then I think we could have trade wrapped up by Labor Day," Bessent said. He did not mention any changes to a July 9 deadline for countries to reach deals with the United States or have tariffs spike higher, but has previously said that countries negotiating in good faith could get deals. Trump told reporters at the White House on Friday that he could extend the tariff deadline or "make it shorter," adding that within the next week and a half, he would notify countries of their tariff rates. "I'd like to just send letters out to everybody: Congratulations. You're paying 25 per cent" tariffs, Trump said in an apparent joke. Bessent said the United States and China had resolved issues surrounding shipments of Chinese rare earth minerals and magnets to the US, further modifying a deal reached in May in Geneva. As part of its retaliation against new US tariffs, China suspended exports of a wide range of critical minerals and magnets, upending supply chains central to car makers, aerospace manufacturers, semiconductor companies and military contractors around the world. During US-China talks in May in Geneva, China committed to removing the measures imposed since April 2 but those critical materials were not moving as fast as agreed, Bessent said, so the US put countermeasures in place. "I am confident now that we - as agreed, the magnets will flow," Bessent said, adding that these materials would go to US firms that had received them previously on a regular basis. He did not disclose details of the latest agreement, which Trump administration officials said was reached earlier this week. Efforts to resolve the dispute included a phone call between Trump and Chinese President Xi Jinping which led to teams from both sides meeting again in London, as negotiators try to end a trade war between the world's biggest economies. China's commerce ministry said on Friday the two countries have confirmed details on the framework of implementing the Geneva trade talks consensus. It said China will approve export applications of controlled items in accordance with the law. It did not mention rare earths. China has dual-use restrictions in place on rare earths which it takes "very seriously" and has been vetting buyers to ensure that materials are not diverted for US military uses, according to an industry source. This has slowed down the licensing process. Indian government sources told Reuters that a trade delegation from New Delhi was back in Washington DC on Friday aiming to sew up a limited US trade deal ahead of the July 9 deadline. Trump administration officials frequently count India among countries with which trade talks are at an advanced stage, along with Japan. But early optimism about a simple deal to reduce India's high tariffs has hit roadblocks over disagreements on US import duties for car parts, steel and farm goods, Indian officials with direct knowledge said. Trump said that his administration was looking to get a "full trade barrier dropping" deal with India. "I'm not sure that that's going to happen but as of this moment, we've agreed to that - go into India and trade," Trump said. Trade deals between US President Donald Trump's administration and other countries could be done by the September 1 Labor Day holiday, US Treasury Secretary Scott Bessent says. Bessent on Friday cited talks with 18 main United States trading partners and new revisions to a deal with China aimed at expediting rare earths shipments. The United States sent a new proposal to the European Union on Thursday and India sent a delegation to Washington DC for more talks. "So we have countries approaching us with very good deals," Bessent said on Fox Business Network. "We have 18 important trading partners. ... If we can ink 10 or 12 of the important 18, there are another important 20 relationships, then I think we could have trade wrapped up by Labor Day," Bessent said. He did not mention any changes to a July 9 deadline for countries to reach deals with the United States or have tariffs spike higher, but has previously said that countries negotiating in good faith could get deals. Trump told reporters at the White House on Friday that he could extend the tariff deadline or "make it shorter," adding that within the next week and a half, he would notify countries of their tariff rates. "I'd like to just send letters out to everybody: Congratulations. You're paying 25 per cent" tariffs, Trump said in an apparent joke. Bessent said the United States and China had resolved issues surrounding shipments of Chinese rare earth minerals and magnets to the US, further modifying a deal reached in May in Geneva. As part of its retaliation against new US tariffs, China suspended exports of a wide range of critical minerals and magnets, upending supply chains central to car makers, aerospace manufacturers, semiconductor companies and military contractors around the world. During US-China talks in May in Geneva, China committed to removing the measures imposed since April 2 but those critical materials were not moving as fast as agreed, Bessent said, so the US put countermeasures in place. "I am confident now that we - as agreed, the magnets will flow," Bessent said, adding that these materials would go to US firms that had received them previously on a regular basis. He did not disclose details of the latest agreement, which Trump administration officials said was reached earlier this week. Efforts to resolve the dispute included a phone call between Trump and Chinese President Xi Jinping which led to teams from both sides meeting again in London, as negotiators try to end a trade war between the world's biggest economies. China's commerce ministry said on Friday the two countries have confirmed details on the framework of implementing the Geneva trade talks consensus. It said China will approve export applications of controlled items in accordance with the law. It did not mention rare earths. China has dual-use restrictions in place on rare earths which it takes "very seriously" and has been vetting buyers to ensure that materials are not diverted for US military uses, according to an industry source. This has slowed down the licensing process. Indian government sources told Reuters that a trade delegation from New Delhi was back in Washington DC on Friday aiming to sew up a limited US trade deal ahead of the July 9 deadline. Trump administration officials frequently count India among countries with which trade talks are at an advanced stage, along with Japan. But early optimism about a simple deal to reduce India's high tariffs has hit roadblocks over disagreements on US import duties for car parts, steel and farm goods, Indian officials with direct knowledge said. Trump said that his administration was looking to get a "full trade barrier dropping" deal with India. "I'm not sure that that's going to happen but as of this moment, we've agreed to that - go into India and trade," Trump said. Trade deals between US President Donald Trump's administration and other countries could be done by the September 1 Labor Day holiday, US Treasury Secretary Scott Bessent says. Bessent on Friday cited talks with 18 main United States trading partners and new revisions to a deal with China aimed at expediting rare earths shipments. The United States sent a new proposal to the European Union on Thursday and India sent a delegation to Washington DC for more talks. "So we have countries approaching us with very good deals," Bessent said on Fox Business Network. "We have 18 important trading partners. ... If we can ink 10 or 12 of the important 18, there are another important 20 relationships, then I think we could have trade wrapped up by Labor Day," Bessent said. He did not mention any changes to a July 9 deadline for countries to reach deals with the United States or have tariffs spike higher, but has previously said that countries negotiating in good faith could get deals. Trump told reporters at the White House on Friday that he could extend the tariff deadline or "make it shorter," adding that within the next week and a half, he would notify countries of their tariff rates. "I'd like to just send letters out to everybody: Congratulations. You're paying 25 per cent" tariffs, Trump said in an apparent joke. Bessent said the United States and China had resolved issues surrounding shipments of Chinese rare earth minerals and magnets to the US, further modifying a deal reached in May in Geneva. As part of its retaliation against new US tariffs, China suspended exports of a wide range of critical minerals and magnets, upending supply chains central to car makers, aerospace manufacturers, semiconductor companies and military contractors around the world. During US-China talks in May in Geneva, China committed to removing the measures imposed since April 2 but those critical materials were not moving as fast as agreed, Bessent said, so the US put countermeasures in place. "I am confident now that we - as agreed, the magnets will flow," Bessent said, adding that these materials would go to US firms that had received them previously on a regular basis. He did not disclose details of the latest agreement, which Trump administration officials said was reached earlier this week. Efforts to resolve the dispute included a phone call between Trump and Chinese President Xi Jinping which led to teams from both sides meeting again in London, as negotiators try to end a trade war between the world's biggest economies. China's commerce ministry said on Friday the two countries have confirmed details on the framework of implementing the Geneva trade talks consensus. It said China will approve export applications of controlled items in accordance with the law. It did not mention rare earths. China has dual-use restrictions in place on rare earths which it takes "very seriously" and has been vetting buyers to ensure that materials are not diverted for US military uses, according to an industry source. This has slowed down the licensing process. Indian government sources told Reuters that a trade delegation from New Delhi was back in Washington DC on Friday aiming to sew up a limited US trade deal ahead of the July 9 deadline. Trump administration officials frequently count India among countries with which trade talks are at an advanced stage, along with Japan. But early optimism about a simple deal to reduce India's high tariffs has hit roadblocks over disagreements on US import duties for car parts, steel and farm goods, Indian officials with direct knowledge said. Trump said that his administration was looking to get a "full trade barrier dropping" deal with India. "I'm not sure that that's going to happen but as of this moment, we've agreed to that - go into India and trade," Trump said.
