With PM Modi in Trinidad & Tobago, Congress recalls Indira Gandhi's 1968 visit
Trinidad and Tobago is a small twin-island republic that has produced a number of world figures. We in India know it as one of the places to which the British took thousands of indentured labour in the 19th…
— Jairam Ramesh (@Jairam_Ramesh) July 4, 2025
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hindustan Times
31 minutes ago
- Hindustan Times
How UK's F-35 fighter jet, grounded in Kerala for 20 days, will be dismantled
The British F-35B jet has been grounded in Kerala since June 14, the day it made an emergency landing at the Thiruvananthapuram International Airport. Central Industrial Security Force (CISF) secures the Royal Navy F-35B fighter jet after its emergency landing, at Thiruvananthapuram International Airport(CISF - X) As efforts to repair the aircraft have not worked so far, the jet will reportedly be dismantled and taken aboard a special transport plane, like the C-17 Globemaster. However, transporting the fifth-generation stealth jet to the United Kingdom would not be a cakewalk. Why the challenge? The C-17 Globemaster is a large military transport aircraft used by the US, the United Kingdom, India and other countries. The aircraft has a cargo bay size big enough to carry multiple troops and can even carry AH-64 Apache attack helicopter. However, it would still be tricky to dismantle the F-35B jet and fit it into the C-17 Globemaster. According to an India Today Digital report, the F-35B jet will have to lose its wings in order to fit into the cargo plane. "The C-17's cargo hold is 26 metres long, but its width is just 4 metres, which means an F-35 cannot be loaded unless the wings are detached," the publication quoted a defence expert as saying. This is not the first time the cargo plane would be transporting a F-35 jet. In 2019, a Lockheed Martin F-35 Lightning II fighter jet was successfully airlifted from Eglin Air Force Base in Florida to Hill Air Force Base in Utah, according to the Eglin base website. Data breach risks The F-35B jet is worth over $110 million and is known to be one of the most advanced fighter aircraft in the world. Hence, there are data breach risks attached with dismantling such a jet. According to an NDTV report, every screw on the jet will have to be secured with unique codes during the dismantling in order to reduce the risk of a theft of stealth technology. The dismantling can only be carried out by engineers certified by aerospace and defense contractor Lockheed Martin, the publication further said. The British military will closely oversee the dismantling to safeguard the stealth systems. A data breach in this case could expose sensitive combat capabilities. What next for the F-35 jet? The F-35B, which belongs to Britain's Royal Navy, made an emergency landing in Thiruvananthapuram on June 14, and is reportedly being guarded by a six-member team from the HMS Prince of Wales. Even with plans of dismantling, the jet would still need some repairs before it could be transported. For this purpose, a 40-member team of aviation engineers will arrive in Kerala on July 5.
Mint
33 minutes ago
- Mint
Dollar slips versus major currencies as US tariff deadline looms
By Rocky Swift and Johann M Cherian TOKYO -The dollar slipped against other major currencies on Friday after President Donald Trump got his signature tax cut bill over the final hurdle and pressure mounted on countries to secure trade deals with the United States. The U.S. currency had rallied on Thursday after stronger than expected U.S. jobs data pushed out the timing for potential rate cuts by the Federal Reserve. But the dollar index, which tracks the currency against major peers, is headed for a second-straight weekly decline. The Republican-controlled House of Representatives narrowly passed Trump's "One, Big, Beautiful Bill" of spending and tax cuts that is estimated to add $3.4 trillion to the country's $36.2 trillion debt. Trump is expected to sign the bill into law on Friday. With the U.S. closed for Independence Day, attention turns to Trump's July 9 deadline when sweeping tariffs take effect on countries like Japan that have not yet secured trade agreements. "The appetite for the dollar is waning because, one, the U.S. debt worries are rising and appetite for U.S. debt is at risk," said Ipek Ozkardeskaya, senior market analyst at Swissquote Bank. "And also because of the fact that the tariff situation and trade disruptions are going to have a negative impact on growth for the U.S. and the Fed will not necessarily be able to support the economy when inflation risks are rising." The dollar index had its worst first half since 1973 as Trump's chaotic roll-out of sweeping tariffs heightened concerns about the U.S. economy and the safety of Treasuries. The U.S. currency has fallen more than 6% since April 2, which was when the U.S. announced tariffs on the world, and had hit the lowest in more than three years against the euro and British pound earlier in the week. The dollar index edged 0.1% lower to 96.92, trimming its 0.4% advance on Thursday. The euro added 0.2% to $1.178 , poised for a 0.5% weekly gain. The yen climbed 0.4% to 144.32 versus the dollar, while the Swiss franc firmed 0.2% to fetch 0.793 per dollar. Trump said many countries will get letters on Friday specifying what tariff rates they will face, marking a shift from earlier pledges to do individual deals with trading partners. European Commission President Ursula von der Leyen said the EU was aiming for a trade agreement "in principle" with the U.S. before the deadline. Japan, which has been a focus of Trump's ire of late, is reportedly sending its chief trade negotiator to the U.S. again as early as this weekend. Indonesia offered to cut duties on key imports from the United States to "near zero" and to buy $500 million worth of U.S. wheat. Elsewhere, China said it would implement duties of up to 34.9% on brandy originating in the European Union for a period of five years starting from July 5. In some relief for investors worried about the health of the U.S. economy, the employment report on Thursday showed that non-farm payrolls increased by 147,000 jobs in June, well ahead of economists' forecast in a Reuters poll for a rise of 110,000. "The U.S. labour market is gradually slowing down, but the fact that it hasn't experienced a sudden change is reassuring," said SMBC chief currency strategist Hirofumi Suzuki. "I personally predict that the tariff negotiations will not be very favourable, leading to continued dollar weakness and yen strength." Market expectations that the Fed will leave rates unchanged at its July meeting are now at 95.3% probability, up from 76.2% on July 2, according to the CME's Fedwatch tool. Economists continue to expect the Fed will not start cutting rates again until September or even later. This article was generated from an automated news agency feed without modifications to text.
Mint
44 minutes ago
- Mint
Exclusive-Googles AI Overviews hit by EU antitrust complaint from independent publishers
BRUSSELS (Reuters) -Alphabet's Google has been hit by an EU antitrust complaint over its AI Overviews from a group of independent publishers, which has also asked for an interim measure to prevent allegedly irreparable harm to them, according to a document seen by Reuters. Google's AI Overviews are AI-generated summaries that appear above traditional hyperlinks to relevant webpages and are shown to users in more than 100 countries. It began adding advertisements to AI Overviews last May. The company is making its biggest bet by integrating AI into search but the move has sparked concerns from some content providers such as publishers. The Independent Publishers Alliance document, dated June 30, sets out a complaint to the European Commission and alleges that Google abuses its market power in online search. "Google's core search engine service is misusing web content for Google's AI Overviews in Google Search, which have caused, and continue to cause, significant harm to publishers, including news publishers in the form of traffic, readership and revenue loss," the document said. It said Google positions its AI Overviews at the top of its general search engine results page to display its own summaries which are generated using publisher material and it alleges that Google's positioning disadvantages publishers' original content. "Publishers using Google Search do not have the option to opt out from their material being ingested for Google's AI large language model training and/or from being crawled for summaries, without losing their ability to appear in Google's general search results page," the complaint said. The Commission declined to comment. The UK's Competition and Markets Authority confirmed receipt of the complaint. Google said it sends billions of clicks to websites each day. "New AI experiences in Search enable people to ask even more questions, which creates new opportunities for content and businesses to be discovered," a Google spokesperson said. The Independent Publishers Alliance's website says it is a nonprofit community advocating for independent publishers, which it does not name. The Movement for an Open Web, whose members include digital advertisers and publishers, and British non-profit Foxglove Legal Community Interest Company, which says it advocates for fairness in the tech world, are also signatories to the complaint. They said an interim measure was necessary to prevent serious irreparable harm to competition and to ensure access to news. Google said numerous claims about traffic from search are often based on highly incomplete and skewed data. "The reality is that sites can gain and lose traffic for a variety of reasons, including seasonal demand, interests of users, and regular algorithmic updates to Search," the Google spokesperson said. Foxglove co-executive director Rosa Curling said journalists and publishers face a dire situation. "Independent news faces an existential threat: Google's AI Overviews," she told Reuters. "That's why with this complaint, Foxglove and our partners are urging the European Commission, along with other regulators around the world, to take a stand and allow independent journalism to opt out," Curling said. The three groups have filed a similar complaint and a request for an interim measure to the UK competition authority. The complaints echoed a U.S. lawsuit by a U.S. edtech company which said Google's AI Overviews is eroding demand for original content and undermining publishers' ability to compete that have resulted in a drop in visitors and subscribers. (Reporting by Foo Yun Chee. Editing by Jane Merriman)
