‘We are very close with India' on trade deal, Bessent tells
India to finalise interim trade deal with US as early as this week, FT reports
'We are very close with India,' Bessent told Fox News in response to a question about progress on trade negotiations.
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Express Tribune
an hour ago
- Express Tribune
Things Americans don't hear about Israel
Listen to article Albert Einstein was offered the presidency of Israel by David Ben-Gurion. Israel needed "the greatest Jew alive" to create legitimacy for the illegitimate state. Einstein declined. And while some of the reasons Einstein is said to have provided were his age and his expertise, Einstein was never an ardent Zionist and he wanted a "friendly and fruitful coexistence between the Jews and Arabs". That's the part Americans never hear. Inside America, radicalised young Americans are recruited who then travel overseas to enlist and fight in a war made of religious extremism. One can mistake the above statement for how ISIS recruits young Americans to travel to some Middle Eastern country and fight alongside their fellow coreligionist soldiers. I am actually describing the tens of thousands of American Jews who are radicalised and recruited out of Zionist summer camps that are held across various American cities. The thousands of American Jews that join the Israeli army and kill innocent Palestinian children are actually direct participants in this genocide in the name of some Zionism-driven nonsense about a promised land for the chosen ones, which is a code word for Jewish terrorists. In 1967, Israel deliberately attacked an American spy ship called USS Liberty killing 34 American sailors. I once mentioned this fact in a class during my graduate studies. It shocked me that none of the students or the professor knew about it. The best information available about it says that Israel had made a mistake and it was accepted by the US government at the time as a mistake. However, those on the ship didn't think this was some mistake. Israel even blocked the communication transmission the ship was trying to make for help. Eventually it succeeded in contacting US carrier Saratoga, which dispatched 12 fighter jets and 4 tanker planes to help the Liberty. Robert McNamara, US Defense Secretary at the time, recalled the dispatch. Nobody to this day has been able to know why. Israel is the only country in the Middle Eastern region that has nuclear weapons. When Israel was making these nukes, the fact of this programme was leaked by one Mordechai Vanunu. For that whistleblowing, Israel imprisoned him for 18 years. Jonathan Pollard was an American spy who sold NSA's secret intelligence to Israel in return for money and other benefits. Pollard was apprehended, tried in court and imprisoned. Israel for years had been pushing for his release. Pollard hurt the American security and espionage work by sharing "sources and methods" of the intelligence collection. While that American traitor was in prison, Israel gave him Israeli citizenship. So much for the USA and Israel being fast friends. Pollard now lives in Jerusalem and advocates that Gaza's Muslims should relocate to Ireland. Well, I just spent days driving through the entire states of Texas, New Mexico and Colorado. There's so much unused and vast land that one gets tired of just seeing it all. Bring the damn Jews here and give them American citizenship instead of sending the real owners of that land to Ireland. That will prevent many Americans from traveling to indulge in religious terrorism after being radicalised in Zionist camps. It's a win-win. Lastly, Michael Jackson wrote a beautiful song, which was in support of Palestine and indirectly critical of Israeli atrocities against the Palestinian people. Sony was forced not to allow the song to become a reality. That song never made it. Pretty much remains an unknown song of Michael Jackson. There are two common patterns to Israeli crimes when one observes some of these facts I've highlighted above: justifying a lie and hiding the truth. Bringing Einstein on board was justifying the lie that Israel was a legitimate state. Vanunu's imprisonment was sending a message to others that if you dared expose the truth, you'll be made an example out of. Michael Jackson's song, Liberty episode and the Pollard affair are unknown because those are about hiding the truth. And that's the essence of that Jewish state: a lie.
Business Recorder
2 hours ago
- Business Recorder
Rupee slips, volatility expectations unruffled by looming tariff deadline
MUMBAI: The Indian rupee declined on Wednesday as the dollar nudged higher ahead of closely watched U.S. economic data, with investors focused on prospects for trade deals ahead of a July 9 deadline. The rupee closed at 85.7025 against the U.S. dollar, down 0.2% on the day. Asian currencies declined as well, led by the Malaysian ringgit, which fell 0.7%. The dollar index was up nearly 0.3% and hovering just shy of the 97 handle. Stronger-than-expected U.S. economic data released on Tuesday offered mild support to the greenback with investors now awaiting a key non-farm payrolls report on Thursday and developments on bilateral trade negotiations. Despite the looming trade deadline, the rupee's very near-tenor implied volatility, a gauge of future expectations, was hovering a tad below its three-month average, indicating that traders are not yet pricing in the possibility of sharp swings in the near-term. Indian rupee slips on weak equities U.S. President Donald Trump has said he was not considering extending the deadline for countries to negotiate trade deals but expects an agreement will be reached with India. While Trump has ruled out an extension of the deadline, 'markets are wary of taking this at face value given recent reversals,' ING said in a note. 'The prevailing view may be that global tariff threats peak before another last-minute reprieve,' ING said. Analysts polled by Reuters expect the rupee to be largely rangebound over the next year, trailing Asian peers amidst sustained weakness in the dollar. In three months, the rupee is forecast to decline 0.1% from current levels to 85.75 per dollar. It is then expected to trade at 85.50 in six months and weaken marginally to 86.13 in a year, according to the median forecast of 41 FX strategists.
Business Recorder
6 hours ago
- Business Recorder
TSX flat; investors focus on economic data, trade talks
Canada's main stock index was flat in choppy trading on Wednesday as investors assessed weak domestic and U.S. economic data, while tracking signs of any progress on trade talks ahead of President Donald Trump's July 9 tariff deadline. The S&P/TSX composite index was flat at 26877.26 points, after markets resumed trading following the Canada Day holiday. Data showed Canada's manufacturing sector fell sharply in June, with U.S. tariffs affecting demand and leading to the biggest output cut in five years. Trump said on Tuesday he was not considering extending the deadline for countries to negotiate trade deals with the U.S. Canada aims to lift all tariffs as part of a deal with the U.S., Ottawa's Washington Ambassador told The Globe and Mail. 'There are concerns as we are still in negotiations and Mr. Trump is still in a fairly bellicose mood via his friends and trading partners…but we have climbed that wall of anxiety or stress with our resources and our financial institutions,' Caldwell Securities Chairman Thomas Caldwell said. On the TSX, healthcare stocks rose 1.6%, while mining shares advanced 1.2%, tracking a rise in copper prices. Hudbay Minerals and Capstone Copper gained 3.2% and 5.7%, respectively. Communication stocks rose 1.5%, with Rogers Communications adding 3.6% after BMO raised its price target. Conversely, technology stocks were the biggest laggards, falling 1.1%. BlackBerry shares fell 6.9% to the bottom of the index. Among individual stocks, Bombardier rose 14.6% to the top of the index after the company said on Monday it had secured an order for 50 Challenger and Global aircraft in a $1.7 billion deal including a service agreement. MDA Space was up 4.2% after it completed the acquisition of SatixFy Communications. First Quantum rose 5.8% after Barclays raised its price target. Meanwhile, U.S. data showed private payrolls unexpectedly fell in June, with job gains being smaller than estimated during the month.
