
How India's Partition Forged a Diaspora Empire
Ours was one story among scores, mirroring tales of refugees fleeing violence in recent times. From the aftermath of Syria's civil war, to the Rohingya exodus from Myanmar, then, as now, the openness of adopted nations determines whether migrants flourish or fade. It remains a politically charged issue, with bitter debates raging over the enforcement of America's mass deportations to the European Union's recent tightening of migration and asylum rules.

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Fox News
an hour ago
- Fox News
EU preparing 19th round of Russia sanctions as Zelenskyy meets Trump
The European Union is preparing a new round of sanctions against Russia in retaliation for its ongoing conflict in Ukraine, signaling continued resolve as the war drags past its three-and-a-half-year announcement of the upcoming sanctions package, the 19th such round, comes as Ukrainian President Volodymyr Zelenskyy meets with President Donald Trump at the White House to discuss prospects for ending the war. Zelenskyy, who will be flanked by key European leaders during his visit, has consistently endorsed coordinated Western sanctions as a vital tool against Russia's economic war HEADS INTO CRUCIAL TRUMP MEETING AS US WEIGHS SECURITY GUARANTEES FOR KYIV"As long as the bloodshed in Ukraine continues, Europe will maintain diplomatic and, in particular, economic pressure on Russia. We will continue to strengthen sanctions," European Commission President Ursula von der Leyen said Sunday during a joint press conference with Zelenskyy."This package will be forthcoming in early September. We know that sanctions are effective. We have already put Russia's immobilized assets to work for the benefit of Ukraine, and we will continue to put pressure on Russia's war economy to bring President Putin to the negotiation table," she thanked von der Leyen for the additional sanction measures, adding that "sanctions show we are serious."EUROPEAN LEADERS WILL JOIN TRUMP-ZELENSKYY MEETING, SIGNALING SOLIDARITY WITH UKRAINEFollowing waves of coordinated Western sanctions over its war in Ukraine, Russia has become the world's most sanctioned nation—more economically isolated than any country in modern 2024, Russia was the primary target of U.S. financial sanctions, with 1,706 Russian persons placed on the Treasury Department's Specially Designated Nationals and Blocked Persons list. In addition, Russia drove the bulk of U.S. sanctions activity, making up 70% of new names added to the Treasury's EU's most recent package, which was announced in July, targeted Russia's energy revenues, banking sector, military industrial base, and tightened loopholes for sanctions this round, the EU also blacklisted 444 vessels tied to the Kremlin's so-called "ghost ships" — a covert network of tankers that transport Russian oil around the world in defiance of G7 price caps and EU sanctions. The measure also imposed sanctions on more than 2,500 people.
Yahoo
an hour ago
- Yahoo
What to know about Crimea, the Black Sea peninsula seized by Russia from Ukraine over a decade ago
What to know about Crimea, the Black Sea peninsula seized by Russia from Ukraine over a decade ago Russia's illegal seizure of the Crimean Peninsula from Ukraine in March 2014 was quick and bloodless, and it sent Moscow's relations with the West into a downward spiral unseen since the Cold War. It also paved the way for Russia's full-scale invasion of Ukraine in 2022, during which Moscow illegally annexed more land from its neighbor. A look at the diamond-shaped peninsula in the Black Sea, coveted by both Russia and Ukraine for its naval bases and beaches: How did Russia seize Crimea? In 2013-14, a massive popular uprising gripped Ukraine for weeks, eventually forcing pro-Moscow President Victor Yanukovych from office. Amid the turmoil, Russian President Vladimir Putin pounced, sending armed troops without insignia to overrun Crimea. Putin later called a referendum in Crimea to join Russia that Ukraine and the West dismissed as illegal. Russia's relations with the West plummeted to new lows. The United States, the European Union and other countries imposed sanctions on Moscow and its officials. Moscow's illegal annexation of Crimea on March 18, 2014, was recognized only by countries such as North Korea and Sudan. In Russia, it touched off a wave of patriotism, and 'Krym nash!' — 'Crimea is ours!' — became a rallying cry. The move sent Putin's popularity soaring. His approval rating, which had declined to 65% in January 2014, shot to 86% in June, according to the Levada Center, an independent Russian pollster. Putin has called the peninsula 'a sacred place' and has prosecuted those who publicly argue it is part of Ukraine — particularly the Crimean Tatars, who strongly opposed the annexation. What happened after the annexation? After the annexation, fighting broke out in eastern Ukraine between pro-Kremlin militias and Kyiv's forces. Moscow threw its weight behind the insurgents, even though it denied supporting them with troops and weapons. There was abundant evidence to the contrary, including a Dutch court's finding that a Russia-supplied air defense system shot down a Malaysia Airlines passenger jet over eastern Ukraine in July 2014, killing all 298 people aboard. Russian hard-liners later criticized Putin for failing to capture all of Ukraine that year, arguing it was easily possible at a time when the government in Kyiv was in disarray and its military in shambles. The fighting in eastern Ukraine continued, on and off, until February 2022, when Putin launched a full-scale invasion of Ukraine. Why is Crimea important? Crimea's unique location makes it a strategically important asset, and Russia has spent centuries fighting for it. The peninsula was home to Turkic-speaking Tatars when the Russian empire first annexed it in the 18th century. It briefly regained independence two centuries later before being swallowed by the Soviet Union. Soviet leader Nikita Khrushchev transferred Crimea from Russia to Ukraine in 1954, when both were part of the USSR, to commemorate the 300th anniversary of the unification of Moscow and Kyiv. In 1991, when the Soviet Union collapsed, the peninsula became part of newly independent Ukraine. Russia kept a foot in the door, however: Its Black Sea Fleet had a base in the city of Sevastopol, and Crimea — as part of Ukraine — continued to host it. By the time Russia annexed it in 2014, it had been within Ukraine for 60 years and was part of the country's identity. Ukrainian President Volodymyr Zelenskyy has vowed to retake it and said Russia 'won't be able to steal' the peninsula. For either side, possession of Crimea is key to control over activities in the Black Sea — a critical corridor for the world's grain, among other goods. What role does Crimea play in Russia's war in Ukraine? Ahead of its full-scale invasion, Moscow deployed troops and weapons to Crimea, allowing Russian forces to quickly seize large parts of southern Ukraine early in the war. A top Russian military official later said that securing a land corridor from Russia to Crimea by holding the occupied parts of Ukraine's Donetsk, Luhansk, Zaporizhzhia and Kherson regions was among the key goals of what the Kremlin called its 'special military operation' in Ukraine. Before the invasion, Zelenskyy focused on diplomatic efforts to get Crimea back, but after Russian troops poured across the border, Kyiv began publicly contemplating retaking the peninsula by force. The peninsula soon became a battleground, with Ukraine launching drone attacks and bombing it to try to dislodge Moscow's hold on the territory. The attacks targeted the Russian Black Sea Fleet there, as well as ammunition depots, air fields and Putin's prized asset — the Kerch Bridge linking Crimea to Russia, which was struck in October 2022, in July 2023 and in June 2025. How does Crimea factor into peace efforts? Putin listed Ukraine's recognition of Crimea as part of Russia among Moscow's demands for peace in 2024. Those also include Ukraine ceding the four regions illegally annexed by Russia in 2022, dropping its bid to join NATO, keeping the country's nonnuclear status, restricting its military force and protecting the interests of the Russian-speaking population. Kyiv has rejected ceding any territory. Russia currently holds roughly 20% of Ukrainian land, including Crimea, so any deal that freezes the lines more or less where they are would benefit Moscow. The Associated Press
Yahoo
an hour ago
- Yahoo
India proposes slashing taxes on small cars under Modi reforms, sending shares higher
By Nikunj Ohri, Aftab Ahmed and Aditi Shah NEW DELHI (Reuters) -India aims to slash taxes on small cars and insurance premiums as part of a sweeping reform of its goods and services tax (GST), a government source said on Monday, sparking a rally in Indian stock markets. Prime Minister Narendra Modi's administration revealed plans over the weekend for the largest tax overhaul since 2017, with consumer, auto and insurance companies likely to emerge as the biggest winners when product prices drop from October, once the reform is approved. The federal government has suggested lowering GST on small petrol and diesel cars to 18% from the current 28%, said the source who is directly involved in the matter. The consumption tax on health and life insurance premiums may also be lowered to 5% or even zero from 18% currently, the same source said. Shares of Maruti Suzuki, the biggest seller of small petrol cars in India, surged nearly 9% on Monday, leading a rally in auto shares that helped push India's benchmark Nifty index 1.3% higher, on course for its best day in three months. Shares of other carmakers such as Mahindra & Mahindra, as well as motorbike manufacturers like Hero MotoCorp and Bajaj Auto, which will also benefit from tax cuts, jumped 2%-4% on Monday. Stocks of insurance companies such as ICICI Prudential, SBI Life, and LIC rose as much as 2%-5% before pairing some gains. Modi's deep tax cuts will strain government revenues but have drawn praise from businesses and political pundits who say they will bolster his image in an ongoing trade fight with Washington. Maruti Chairman R.C. Bhargava said the tax rationalisation is a "huge reform". "With more affordability, more people will come into the purchasing system," said Bhargava, who declined to comment on proposed tax cuts on small cars until the fine print is out. "This restructuring of the GST will increase competitiveness of Indian products and the opening of trade borders will bring in the necessary competition. Competition, combined with your ability to produce and sell at lower prices, makes for the best efficiency," he added. Federal government officials over the weekend said New Delhi has proposed only two rates of taxation -- 5% and 18% -- under the revamped structure. The highest 28% rate will be abolished. The new proposal, however, will impose a 40% tax on 5-7 "sin-goods" like tobacco products and luxury items. The announcement will not be effective until the GST Council, which is chaired by the federal finance minister and has representatives from all states, gives a nod. A meeting is expected by October. India's finance ministry did not reply to an email seeking comment. PUSH FOR SMALL CARS Sales of small cars, defined as those having engine capacity below 1200cc for petrol vehicles and 1500cc for diesel and not exceeding 4 metres in length, have slowed over the last few years as buyers switched to bigger, feature-rich SUVs. Small cars made up a third of the 4.3 million passenger vehicles sold in the world's third-largest automobile market last fiscal year, down from nearly 50% pre-COVID, industry data showed. The segment makes up half of all cars sold by Maruti, majority-owned by Japan's Suzuki Motor, which saw its market share plunge to about 40% from over 50% in the last five years as sales of its Alto, Dzire and Wagon-R models dropped. Carmakers Hyundai Motor India and Tata Motors also stand to gain. Cars with higher engine capacity that currently attract 28% GST and an additional levy of up to 22% - resulting in total taxes of about 50% - may come under a new special rate of 40%, the source said. The government source added that details are being firmed up to consider if any extra levies should be imposed over the 40% to keep the overall tax incidence for big cars the same at 43%-50%. On the other hand insurance penetration in India continues to remain low, at 3.8% of GDP, in 2024, according to research firm Swiss Re Institute. The companies believe lowering of GST will help boost sales of insurance products.