Discussion on US-India Trade War on table as Mike Pompeo Arrives in India !

Major businesses will hope for a constructive meeting between US and India as the businesses at both the sides are facing the heat.

US Secretary of State Mike Pompeo will arrive in India today and will meet his new counterpart S Jaishankar on Wednesday, both of them will discuss on  the rising tensions over US-INDIA trade war and they will also lay the ground for a meeting between US President Donald Trump and Prime Minister Narendra Modi at the G20 meeting in Japan.

The trade tensions between both the countries are to a all time high, as both the countries are trying to promote domestic manufacturing. PM Modi  has been wooing investors under his ‘Make in India’ campaign, while Mr. Trump want US manufacturing to return home under his ‘Make America Great Again’ campaign.

India in retaliation this month imposed higher tariffs on 28 US products, including almonds, apples and walnuts, following the US withdrawal of certain trade privileges for India. Last year also India had announced tariffs in retaliation to higher US import duties on steel and aluminium.

Trump publicly called India “tariff king”, The Trump administration has also asked India to remove price caps on imported US medical devices, open up its dairy market and cut duties on IT products.

After Walmart-Flipkart deal, India made tighter e-commerce foreign investment rules, which forced Amazon.com Inc and Walmart Inc to rework their business strategies in the country. Walmart last year invested $16 billion in Indian online retailer Flipkart.

While the major businesses will hope for a constructive meeting between US and India as the businesses at both the sides are facing the heat.

Don’t fly over disputed water, advises India to Airlines!

Indian Authorities asks airlines to change routes amid rising tensions in gulf region.

Amid tensions between Iran and America, Indian Authorities have issued an advisory asking Airlines not to fly over the disputed waters instead take an alternative route. This advisory was issued after Iran took down American Drone.

The Tensions between Iran and America are to a whole time high after Iran shot down US drone Claiming it to be flying over its airspace, Reports also surfaced that trump even ordered a retaliatory strike against Iran but abruptly abandoned the plan.

Thing started to heat up when Trump administration decided to back off from the Iran Deal claiming it to be  fake deal, America then reimposed sanctions on Iran and forced India and other countries to back off from buying oil from Iran.

Iran in return threatened to scrap the Iran deal and will re-install its nuclear programme. It gave Europe the deadline to reach an understanding with US, but the talks have failed. US even sent its Aircraft Carrier in the region scaling up the tensions.

Rising tensions have forced the Indian Airlines to take an alternate routes and avoid flying over Iran airspace. Indian Navy even  sent its Destroyers to safe guard its vessels in the Iran region.

Brink of War? Tensions escalate after Iran Shoots down US drone!

Brink of War? Tensions escalate after Iran Shoots down US drone!

Iran has claimed that it has shot down a US spy drone on Thursday, with this attack the Islamic republic has directly attacked any US military asset.  White House has also confirmed the news and Trump in his statement said,”Unprovoked attack a big mistake”.

The lawmakers, who were briefed on the attack at the White House Thursday, issued this statement:

“Iran directly attacked a United States asset over international waters. This provocation comes a week after they directly attacked and destroyed two commercial tankers in international waters. There must be a measured response to these actions. President Trump and his national security team remain clear-eyed on the situation and what must be done in response to increased Iranian aggression. In Congress we stand ready to support our men and women in uniform, our country, and our allies in the region.”
While Iran stated that the aircraft  violated  its air space and in response of this violation it was shot down.US argued that the aircraft was flying in international airspace and was shot down as an act of aggression.
While reports also surfaced which said that Trump ordered Strikes on Iran but then Abruptly Pulled back his decision.Officials said the president had initially approved attacks on a handful of Iranian targets, like radar and missile batteries.

The operation was underway in its early stages when it was called off . Planes were in the air and ships were in position, but no missiles had been fired when word came to stand down, the official said.

US to send 1,000 troops in the mid-east as tensions in the region rise to its all time high!

 As the tensions between Iran and US are rising, The United States plans to send 1,000 troops to the Middle East to counter Iran.  Defense Secretary of America on Monday evening announced the decision. The Trump administration has also deployed an aircraft carrier and bomber planes to the Persian Gulf in response to the threats from Iran.

The move, according to the American officials will send a clear message to the Iran government  that any attack on United States interests will be met with unrelenting force.

After the attacks which targeted multiple oil tankers which belonged to Saudi Arabia, the United Arab Emirates, Japan, and Norway  all American allies. The US blames the Iran Government for the  strikes, as these channels are heavily guarded by Iran, though Tehran denies any involvement.

Whereas, Tehran on Monday said it would soon blow through the limit of stockpile which it agreed to maintain under the 2015 nuclear deal, increasing fears that Iran may come closer to obtain nuclear weapons.

In a warning to the Europe, Iran gave a deadline to work on the deal with US or else it will be forced to work on its nuclear program.

Donald Trump nominate Indian-American expert Rita Baranwal for chief of nuclear energy office

United States President Donald Trump on Wednesday announced his intent to nominate Indian-American nuclear expert Rita Baranwal to a key administrative position in the Department of Energy.

Trump wants to nominate her as an assistant secretary of energy (nuclear energy) at the Department of Energy, the White House announced. Baranwal currently serves as the director of Gateway for Accelerated Innovation in Nuclear.

If confirmed by the United States Senate, she will head the powerful Office of Nuclear Energy and be responsible for the department’s nuclear technology research and the development and management nuclear technology infrastructure.

Baranwal earlier served as the director of technology development and application at Westinghouse and was a manager in Materials Technology at Bechtel Bettis, Inc, where she led research and development in nuclear fuel materials for US naval reactors, the White House said. “She earned her BA in Materials Science and Engineering from Massachusetts Institute of Technology and PhD from the University of Michigan,” it added. “She serves on advisory boards for MIT’s materials research laboratory and UC Berkeley’s nuclear engineering department.”

The move came just a week after Trump signed into law the Nuclear Energy Innovation Capabilities Act. It is expected to speed up the development of advanced reactors and removes several financial and technological hindrances for nuclear innovation.

 

Donald Trump warns world against business with Iran as sanctions return

Trump’s May withdrawal from a landmark 2015 nuclear deal with Tehran had spooked investors and triggered a run on the Iranian rial long before the punishing sanctions went back into force. US President Donald Trump warned the world Tuesday against doing business with Iran as Washington reimposed “the most biting sanctions ever” on the Islamic republic, triggering a mix of anger, fear and defiance in Tehran.

Trump’s May withdrawal from a landmark 2015 nuclear deal with Tehran had spooked investors and triggered a run on the Iranian rial long before the punishing sanctions went back into force. The newly reimposed sanctions, which target access to US banknotes and key industries such as cars and carpets, were unlikely to cause immediate economic turmoil.

Iran’s markets were actually relatively buoyant, with the rial strengthening by 20 percent since Sunday after the government relaxed foreign exchange rules and allowed unlimited, tax-free gold and currency imports. But the second tranche of sanctions, which kicks in on November 5 and targets Iran’s vital oil sector, could be far more damaging — even if several key customers such as China, India and Turkey have refused to significantly cut their purchases.

“The Iran sanctions have officially been cast. These are the most biting sanctions ever imposed, and in November they ratchet up to yet another level,” Trump wrote on Twitter.”Anyone doing business with Iran will NOT be doing business with the United States. I am asking for WORLD PEACE, nothing less.”

European governments — who signed the Iran nuclear deal along with Washington — are infuriated by Trump’s strategy that has prompted many of their large firms to leave Iran for fear of US penalties.

Within hours of the sanctions taking effect, German carmaker Daimler said it had “suspended our already limited activities in Iran in accordance with the applicable sanctions.”Trump said Monday that he was open to new talks to reach a “more comprehensive deal” with Iran.

“We want to see a much broader retreat by Iran from their support for international terrorism, their belligerent military activity in the Middle East and their ballistic missile, nuclear-related programs,” National Security Advisor John Bolton told Fox News.”There’s a lot going on here that Iran needs to be held accountable for.”

But Iranian President Hassan Rouhani has dismissed the idea of talks while sanctions are in effect, and accused America of waging “psychological warfare.”In Tehran, residents were on edge.

“I feel like my life is being destroyed,” said one construction worker on the streets of the capital. “I can’t afford to buy food, pay the rent.”The return of US sanctions left some of Washington’s partners unimpressed. British Foreign Office Minister Alastair Burt said that the “Americans have really not got this right.”

The nuclear deal was important “not only to the region’s security but the world’s security,” he told the BBC.

Russia’s foreign ministry said it was “deeply disappointed” by the return of sanctions, adding that it would do “everything necessary” to save the 2015 nuclear deal.Iranian Foreign Minister Mohammad Javad Zarif told reporters that the global reaction to Trump’s move showed that the US was diplomatically isolated. Most Iranians see US hostility as a basic fact of life, so their frustration is largely directed at their own leaders for not handling the situation better.

“Prices are rising again, but the reason is government corruption, not US sanctions,” said Ali, a 35-year-old decorator in Tehran.Long-running discontent over high prices, unemployment, water shortages and the lack of political reform has sparked numerous protests over the past week, though the verifiable information is scarce due to heavy reporting restrictions.