AIIB President Jin on Tariff Risks, Membership
AIIB President, Jin Liqun says free trade remains the strongest defense against rising tariffs. In an exclusive interview in Beijing, Jin also signaled openness to working with non-member countries—including the United States. (Source: Bloomberg)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Fox News
14 minutes ago
- Fox News
Ex-Supreme Court Justice Anthony Kennedy pleads for civil political discourse, warns 'democracy is at risk'
Former U.S. Supreme Court Justice Anthony Kennedy warned Thursday that the tone of political discourse and threats to judges are undermining the ability of the U.S. to serve as an example of freedom and democracy around the world. Kennedy, a Reagan appointee who retired in 2018 during President Donald Trump's first term, was speaking during a virtual forum about threats to the rule of law, as he defended the role of judges in a democracy and advocated for the need to protect them and their families from threats. "Many in the rest of the world look to the United States to see what democracy is, to see what democracy ought to be," Kennedy said during the "Speak Up for Justice" event, one day before the current Supreme Court justices are set to deliver their final rulings of the current term. "If they see a hostile, fractious discourse, if they see a discourse that uses identity politics rather than to talk about issues, democracy is at risk. Freedom is at risk," he continued. Kennedy did not mention Trump, even as other participants expressed concern about the barrage of threats and attacks against judges for blocking key parts of the president's political agenda during his second term, including his immigration policies, firings of federal workers and his implementation of broad-based tariffs. But Kennedy's remarks appeared to be sparked, at least in part, by the Trump administration's repeated attacks against judges who have ruled against him, including some whom he appointed during his first term. In March, Trump criticized U.S. District Court Judge James Boasberg as a "radical left lunatic" and called for his impeachment after he attempted to block the administration from removing alleged Venezuelan gang members from the U.S. under the Alien Enemies Act, a wartime presidential power Trump invoked. Last month, Trump attacked "USA-hating" judges as "monsters who want our country to go to hell." Trump's rhetoric has come alongside an uptick in threats against judges, according to POLITICO, although spokespeople for the administration have said the president is against any threats and that they would face prosecution from the Justice Department. Kennedy said "judges must have protection for themselves and their families" and that "judges are best protected when the public and our nation realize how central they are to our discourse." "We should be concerned in this country about, as I've already indicated, the tone of our political discourse," he said. "Identity politics are used so that a person is characterized by his or her partisan affiliation. That's not what democracy and civil discourse is about." Other participants at the forum, which featured judges from the U.S. and other countries who warned about how attacks on courts can threaten democracies, also took aim at Trump's statement denouncing the courts. Without mentioning Trump by name, U.S. District Judge Esther Salas, whose son was killed by a disgruntled lawyer who went to her New Jersey home in 2020, said disinformation about judges was spreading "from the top down," with jurists attacked as "rogue" and "corrupt." "Judges are rogue. Sound familiar? Judges are corrupt. Sound familiar? Judges are monsters. … Judges hate America," Salas said. "We are seeing the spreading of disinformation coming from the top down." Salas warned that the number of threats recorded against judges this year was reaching historic heights in the U.S., noting that the U.S. Marshals Service has tracked more than 400 threats against judges since January, when Trump was inaugurated. "We're going to break records, people, and not in a good way," she said.
Entrepreneur
24 minutes ago
- Entrepreneur
Raphe mPhibr Raises USD 100 Mn Funding to Scale Defence-Tech Manufacturing
The round was led by General Catalyst, with participation from Think Investments, Amal Parikh, and several family offices. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Indian aerospace and defence-tech startup Raphe mPhibr has raised USD 100 million in a funding round led by General Catalyst, with participation from Think Investments, Amal Parikh, and several family offices. This marks the largest private capital raise in India's aerospace manufacturing sector to date, bringing the company's total funding to USD 145 million. The freshly raised capital will be deployed to scale manufacturing capacity, accelerate R&D, and deepen strategic partnerships, both in India and globally. The company aims to strengthen its footprint in the global aerospace supply chain, while supporting India's defence self-reliance goals. "We are proud to join forces with Raphe mPhibr on their transformative journey to redefine engineering-led manufacturing across a spectrum of critical applications," said Neeraj Arora, Managing Director at General Catalyst. "The products emerging from Raphe mPhibr are already making a tangible impact on the ground." Founded in 2016 by Vikash Mishra, Vivek Mishra, and Nitin Katiyar, Raphe mPhibr operates out of Noida and specialises in designing and manufacturing advanced unmanned aerial vehicles (UAVs) and military-grade avionics. Its offerings include: mR10 : Operational drone swarm platform : Operational drone swarm platform mR20 : High-altitude logistics drone : High-altitude logistics drone Bharat : Man-portable surveillance drone : Man-portable surveillance drone X8: Compact maritime patrol UAV Several of these systems are already deployed by the Indian defence forces, with others nearing final validation. Raphe mPhibr runs a vertically integrated aerospace campus, with in-house teams working across aerodynamics, thermodynamics, materials science, engine development, and electronics. The company has also built India's first indigenous military-grade autopilot and a lightweight internal combustion engine for UAVs, reflecting a commitment to sovereign technology innovation. The startup partners with global defence majors such as Dassault Systèmes, HENSOLDT, and Safran Electronics & Defense, and uses platforms like Dassault's 3DEXPERIENCE to drive end-to-end system integration. With over 600 employees and 100+ unique IPs, Raphe mPhibr aligns closely with national initiatives like Aatmanirbhar Bharat and Make in India, which aim to reduce reliance on imported defence systems. The company's solutions are also gaining interest in international markets, including Paris, Dubai, and London. The funding arrives amid India's broader efforts to boost its private aerospace ecosystem, including recent government moves to commercialise launch vehicle technologies and promote innovation through programs like iDEX (Innovations for Defence Excellence).
Bloomberg
27 minutes ago
- Bloomberg
US Says Signed Trade Agreement With China
'Bloomberg: The China Show' is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)
