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NBC, Murray drops 45, Celtics spoil Giannis’ return

https://www.effectivegatecpm.com/mhp0medn?key=8ae04b815ef216037c18fb8c466138c6

 

Starting 5: Throwback Tuesday on NBC, Murray drops 45, Celtics spoil Giannis’ />

US and India reach trade deal, Trump says after Modi call

US and India reach trade deal, Trump says after Modi call

US President Donald Trump has announced a trade deal with Indian Prime Minister Narendra Modi to slash US tariffs on the nation's goods to 18% from 50%.In a post on Truth Social, Trump said India would reduce trade barriers to zero and stop buying Russian oil.The announcement comes less than a week after India and the European Union announced a landmark trade deal that capped nearly two decades of on-off talks.Modi said on X that he is "delighted" that an agreement with the US had been reached.Trump said a morning phone call with Modi included discussions of trade and the Russia-Ukraine war."He agreed to stop buying Russian oil, and to buy much more oil from the United States and, potentially, Venezuela," Trump wrote on Truth Social.He added that he, at Modi's request, immediately "agreed to a trade deal" that would see tariffs lowered and India's tariffs and non-tariff barriers reduced to zero.Additionally, Trump said Modi committed to buying more than $500bn (£366bn) worth of American goods including energy, technology, agriculture and coal products.The trade relationship between the US and India has been strained since August, when the US imposed 50% tariffs on goods from India - the highest for a country in Asia. This included a 25% penalty linked to India's purchase of Russian oil.A White House official confirmed to the BBC that the Russian oil-linked tariffs will be dropped as part of the agreement and other tariffs lowered to put the rate at 18%."Big thanks to President Trump on behalf of the 1.4 billion people of India for this wonderful announcement," Modi said on X."When two large economies and the world's largest democracies work together, it benefits our people and unlocks immense opportunities for mutually beneficial cooperation," he added.Indian exports to the US plummeted sharply as Trump's tariffs took effect.Officials in Delhi have been seeking partnerships with other countries also grappling with Trump's tariffs.Last week, India and the European Union announced a free trade agreement that is set to lower taxes on nearly all goods between India and the bloc of 27 European states, as both sides seek to deepen ties in the face of increasing tensions with the US.The agreement, which European Commission President Ursula von der Leyen called "the mother of all deals", is poised to double EU exports to India by 2032, according to the EU.Terry Haines, founder of Pangaea Policy, an analysis and forecasting firm, called the Washington-Delhi deal "an answer to those thinking the EU is flanking or gaining speed on the US on trade."He said he expected US markets to "cheer" the agreement.We Pay the Tariffs, a coalition of 800 US small businesses, criticised the announcement, noting that before Trump's tariffs policies were implemented, American importers paid an average of 2.5% on goods from India."This 'deal' locks in a rate six times higher than what we were paying a year ago," the organisation's director, Dan Anthony, said. "That's not relief, it's a permanent tax hike that will be in place for a long time."US stocks inched higher after Trump announced the trade deal with Delhi on Truth Social.

Bangladesh election: What’s at stake for India, China, Pakistan?

 The South Asian nation heads to the polls on February 12, almost two years after the 2024 student-led uprising.

Students and other activists carry Bangladesh's national flag during a protest march in Dhaka, Bangladesh, 

As Bangladesh prepares to hold its first elections since the overthrow of then-Prime Minister Sheikh Hasina and her Awami League party in 2024,https://www.effectivegatecpm.com/u4tq3wiki?key=a0dc0d64df3941bdedb59ef46e09f2a4 neighbours India, Pakistan and China are watching closely.

Bangladesh is currently being governed by an interim administration led by Nobel laureate Muhammad Yunus. The two main parties competing for power in this month’s polls are the Bangladesh Nationalist Party (BNP) and the Jamaat-e-Islami (JIB), both of which began campaigning in late January.

The Awami League, which has historically had close ties with India, has been barred from these elections because of its role in the brutal crackdown on student-led protests in 2024. Hasina, 78, currently in exile in India, was found guilty of allowing lethal force to be used against protesters, 1,400 of whom died during the unrest.

She was tried in absentia by the International Crimes Tribunal (ICT) in Bangladesh in November last year – and sentenced to death – but so far India has refused to extradite her.

Hasina has denounced the upcoming elections, telling The Associated Press news agency last month that “a government born of exclusion cannot unite a divided nation

Since her ousting, political analysts say, Bangladesh’s geopolitical positions have undergone a “paradigm shift”.

“Bilateral relations with India have witnessed a historic low in contrast to a warm rapprochement with Pakistan. Furthermore, strategic ties with China have deepened significantly,” Khandakar Tahmid Rejwan, lecturer of global studies and governance at the Independent University, Bangladesh, told Al Jazeera