Latest news with #SwingisKing
Time of India
26-06-2025
- Business
- Time of India
Rupee hits two-week high as Fed credibility worries compound dollar's troubles
The Indian rupee strengthened to a fortnightly peak on Thursday, bolstered by broad weakness in the dollar on the back of concerns over the future independence of the U.S. Federal Reserve . The rupee rose 0.4% to close at 85.7050 per U.S. dollar, tracking gains in its regional peers. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 'Swing is King': Top Trader Hemant's Strategy Finally Explained in this Free Session ! TradeWise Learn More Undo The dollar index fell to its lowest level since March 2022 and was last quoted at 97.1, down 0.3% on the day. While the dollar had perked up on the back of safe-haven demand during the Iran-Israel conflict, the ceasefire has deflated the geopolitical risk premium. Its troubles were compounded by the prospect of President Donald Trump making an early appointment of the next Federal Reserve Chair, which spurred worries over the independence of the U.S. central bank. Live Events "A candidate who is perceived as being more open to lowering rates in line with President Trump's demands would reinforce the U.S. dollar's current weakening trend," MUFG Bank said in a note. The dollar index is down over 10% on the year so far. Among major Asian currencies , the Taiwan dollar led the charge on Thursday with a 0.6% gain, while India's equity benchmarks, the BSE Sensex and Nifty 50 , topped gains in regional stock. Locally, dollar sales from at least two large foreign banks, likely on behalf of custodial clients, also helped the rupee on the day, a trader at a private bank said. Meanwhile, dollar-rupee forward premiums perked up with the 1-year implied yield touching a one-month peak of 2.02% before paring gains. An uptick in wagers on a July Fed rate cut, alongside the Reserve Bank of India's announcement of a measure to withdraw excess cash from the banking system, spurred paying interest on forward premiums, traders said.
Time of India
23-06-2025
- Politics
- Time of India
Russia says it stands ready to assist Iran
Russia is ready to help Iran in various ways, depending on what Tehran requests, Kremlin spokesman Dmitry Peskov said Monday. "Everything depends on what Iran needs," Peskov said in response to a question at a briefing. "We have offered our mediation efforts. This is concrete." Peskov added that Russia has openly declared its stance on the Iran-Israel war , calling it an important form of support for Tehran. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 'Swing is King': Mr. Hemant's Strategy Finally Explained in Free Session TradeWise Learn More "We have stated our position. This is also a very important manifestation, a form of support for the Iranian side," he said. He also noted that Iran has been a recurring subject in recent talks between Russian President Vladimir Putin and former US President Donald Trump. Live Events "The topic of Iran itself was repeatedly discussed by the presidents during their recent conversations," Peskov told reporters.
Time of India
21-06-2025
- Politics
- Time of India
Harvard and Trump administration resume talks to resolve ongoing feud
Harvard University and the Trump administration have resumed discussions to resolve a long-standing dispute that escalated into funding cuts , legal battles , and political tensions. The talks, which restarted this week at the White House , aim to find common ground after months of confrontation over federal funding , campus policies , and academic independence, according to a report by the New York Times. During the meeting, Harvard officials presented a PowerPoint outlining recent actions on antisemitism, admissions, and viewpoint diversity. In response, White House representatives listed further steps they expect the university to take. A letter from the administration followed, detailing conditions for a possible agreement. Harvard has not yet commented on its response. Sources close to the matter say the negotiations restarted after other academic leaders urged Harvard to reengage with the administration. The outreach also followed public remarks by Education Secretary Linda McMahon, who signaled readiness for talks. Although the terms of any potential deal remain unclear, both sides have indicated interest in finding a resolution. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration -:-:- Loaded : 0% 0:00:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - -:-:- 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 'Swing is King': Mr. Hemant's Strategy Finally Explained in Free Session TradeWise Learn More Undo Donald Trump posted on Truth Social that 'very possible that a Deal will be announced over the next week or so.' However, two people familiar with the talks said a deal in the immediate future is unlikely. (Join our ETNRI WhatsApp channel for all the latest updates) Internally, Harvard officials are weighing the risks of continued conflict. According to those briefed on the discussions, university leaders fear that ongoing tension with the federal government could shrink Harvard's influence and budget. Key concerns include funding cuts, visa restrictions on international students , and federal investigations. Live Events You Might Also Like: Federal judge blocks Trump effort to keep Harvard from hosting foreign students One individual close to Harvard emphasised, 'The university is not going to compromise its values or First Amendment rights.' A possible agreement being explored could see restoration of a portion of the federal research funding withdrawn earlier this year, and a halt to legal actions. In exchange, Harvard may be asked to make stronger commitments on antisemitism, admissions reform, and ideological diversity. The discussions mark a shift from April, when Harvard cut off talks after receiving a letter from the administration demanding wide-reaching changes. The letter proposed merit-based hiring and admissions, a halt to diversity programs, and ongoing oversight through 2028. Harvard rejected those terms, leading to lawsuits and public sparring. Since then, the administration has continued to cut research funding and challenge Harvard's ability to admit international students. Meanwhile, the university has faced increasing pressure from within to find a less confrontational path forward. You Might Also Like: How Trump has targeted Harvard's international students - and what the latest court ruling means A potential deal may also serve as a model for other universities seeking to avoid similar conflicts. According to sources, multiple elite colleges are in private discussions with the Trump administration over funding and campus policies. On social media, Trump described a possible agreement as 'mindbogglingly HISTORIC' and 'very good for our Country.' He later praised Harvard's leadership for acting 'extremely appropriately' during negotiations. The legal case regarding Harvard's funding cuts is ongoing, with a hearing scheduled for July 21 in Boston.
Time of India
20-06-2025
- Politics
- Time of India
Republican lawmaker sparks outrage with plan for ICE facility surrounded by alligator-filled moat
A Republican lawmaker from Florida, Attorney General James Uthmeier, has shocked many people with a wild new idea. He wants to build an immigrant detention center in the middle of the Everglades, surrounded by a moat full of alligators. He's calling it 'Alligator Alcatraz', and says it would help carry out mass deportations for ICE. The plan has sparked outrage and strong reactions from both supporters and critics, as per reports. He shared the idea on X in a short 1-minute video. Uthmeier said the Miami-Dade Collier Training Facility is a good place for this, it's 39 square miles and not being used much. He said it could hold 1,000 migrants within 1–2 months. He said it's cheap because they wouldn't need a big fence, alligators and pythons act like natural guards. His words, 'People get out, there's not much waiting for them other than alligators and pythons. Nowhere to go, nowhere to hide', as stated by Newsweek. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 'Swing is King': Mr. Hemant's Strategy Finally Explained in Free Session TradeWise Learn More Undo He strongly supports Trump's immigration and deportation plans, and said Florida will keep helping. 'This presents a great opportunity for Florida to work with Miami-Dade and Collier counties,' he said. The Department of Homeland Security reposted Uthmeier's video and seems to agree with the plan. DHS posted on X, " ALLIGATOR ALCATRAZ " will help state and local law enforcement arrest and detain immigrants under the 287g Program. Florida has 43% of all 287g ICE agreements in the U.S., followed by Texas with 14%, as stated in the report by Newsweek. Live Events What are people saying Tom Homan, Trump's former border chief, praised Trump: said the U.S. had the most secure border ever, and only 95 illegal border crossings were reported in 24 hours. Rep. Maxwell Frost, Democrat from Florida, said Trump's immigration plan is a 'taxpayer-funded kidnapping operation.' Sen. Alex Padilla, Democrat from California, said Trump's ICE is not focused on criminals, but going after families and taxpayers, according to the report by Newsweek. FAQs Q1. What is 'Alligator Alcatraz'? A proposed ICE detention center in the Everglades, surrounded by alligators. Q2. Who is planning the alligator moat ICE facility? Florida Attorney General James Uthmeier, a Republican.
Time of India
19-06-2025
- Politics
- Time of India
What is the Emerald Triangle that may lead to a war between two neighbors and bring down a prime minister
The Emerald Triangle dispute: Could this border clash bring war and topple a prime minister? Tensions are rising fast around the Emerald Triangle, a remote but highly sensitive area where Thailand, Cambodia, and Laos meet. It may look like a quiet border zone on the map, but recent clashes and military moves have made it a flashpoint that's now threatening to spark a regional conflict—and possibly bring down Thailand's Prime Minister. The Emerald Triangle came into global headlines when Cambodian and Thai troops exchanged fire near the disputed border in late May 2025. Since then, both countries have fortified positions, villagers have been caught in fear, and political pressure is mounting. At the heart of the issue: a long-standing disagreement over where exactly the border lies in this mountainous zone. But now, it's not just a cartography issue—it's a test of leadership, diplomacy, and peace in Southeast Asia. Why is the Emerald Triangle suddenly a crisis point? The Emerald Triangle border dispute isn't new. Thailand and Cambodia have had overlapping claims in this forested, rugged area for years. But things turned dangerous on May 28, when both sides confirmed that troops had exchanged gunfire, leading to injuries and panic among border communities. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 'Swing is King': Mr. Hemant's Strategy Finally Explained in Free Session TradeWise Learn More Undo According to Thailand's military, Cambodian soldiers had started digging trenches in the disputed zone. Cambodia later said this was to protect its border post. In response, Thailand deployed reinforcements, closed local checkpoints, and put residents on alert. Some families began digging bunkers, fearing the worst. By early June, Cambodia agreed to stop the trench digging and restore the land, but not before the conflict stirred up political debate at home and across the region. Former Cambodian Prime Minister Hun Sen, now President of the Senate, claimed the land was rightfully Cambodian, based on internationally recognized maps. He also urged both countries to take the issue to the International Court of Justice (ICJ) to settle it legally. Live Events Why did a leaked call between Paetongtarn and Hun Sen cause such a storm? The phone call, reportedly shared by Hun Sen with 80 politicians before being leaked, featured Paetongtarn speaking candidly about a sensitive border dispute. She addressed Hun Sen — a long-time friend of her family — as 'uncle' and criticized a Thai army officer involved in managing the flare-up at the Thai-Cambodian border. 'He just wanted to look cool and said things that are not useful,' she said of the Thai military commander, sparking a backlash over perceived disrespect to the powerful Thai military. While Paetongtarn later defended her comments as a 'negotiation technique,' critics say the call showed weakness in leadership and compromised Thailand's stance on a long-standing territorial dispute. Who has left Paetongtarn's coalition and why does it matter? On Wednesday, the Bhumjaithai Party, Thailand's second-largest political party and a key member of the ruling coalition, officially withdrew support for Paetongtarn's government. With its departure, the Peu Thai-led coalition now holds a razor-thin majority in parliament. Two more coalition parties are scheduled to meet later today to decide their stance — meaning a complete collapse of the ruling alliance is a real possibility. Paetongtarn apologized on Thursday, stating, 'I would like to apologise for the leaked audio… which has caused public resentment,' but the damage might already be done. Is this dispute putting Thailand's Prime Minister in danger? The Emerald Triangle conflict has become a serious test for Thailand's Prime Minister Srettha Thavisin , who is already under pressure from coalition struggles and growing economic challenges. With the military on alert and the public nervous, any misstep could cost him his job—or worse, risk dragging the country into a deeper conflict. Srettha's government is still new and doesn't have full control over the military, which has a history of acting independently. The Thai armed forces are monitoring the border closely and may push for more aggressive moves if tensions flare up again. If the military loses faith in Srettha's handling of national security, it could spark calls for a change in leadership. Political analysts in Bangkok have warned that the Emerald Triangle issue could become a "trigger event" —something that starts as a local skirmish but ends up breaking apart the government . And in Thailand's history, military pressure has often led to either reshuffling the Cabinet or full-blown coups. Can this be resolved without war? There's still hope that diplomacy will win. On June 12, both Cambodia and Thailand agreed to de-escalate after a high-level meeting. Cambodia promised to fill the trenches, and both countries said they'd avoid further moves in disputed areas. But the story isn't over. Hun Sen continues to press the ICJ route, saying only the international court can fairly settle the boundary issue. Thailand, on the other hand, hasn't yet confirmed if it will agree to ICJ arbitration. Both sides claim to have official documents and maps backing their claims, and neither wants to back down publicly. That means the peace is fragile. While both governments may want to avoid war, border tensions can escalate quickly , especially if local commanders or military units act on their own. That's why experts are calling for immediate talks, a ceasefire agreement, and third-party observers —possibly from ASEAN or the UN. How did the leaked call impact Thai-Cambodian relations? The leak added fuel to a simmering border row between the two nations. In May, a deadly clash at a contested border zone led to the death of a Cambodian soldier. Since then, tensions have escalated. In response to Thai restrictions, Cambodia banned the import of Thai fruits and vegetables, halted Thai dramas on TV and in cinemas, and reduced Thai internet and power usage. Meanwhile, Thailand also imposed tighter border controls and entry restrictions on Cambodian citizens. In a diplomatic letter, Thailand's foreign ministry called the leak 'deeply disappointing,' adding it 'will severely affect ongoing efforts… to resolve the problem in good faith.' What's behind the long-running border dispute? The Thailand-Cambodia border dispute stretches back more than a century, linked to a 1907 map drawn under French colonial rule. Cambodia has cited that map to support its territorial claims, while Thailand rejects it as inaccurate. Disputed areas include sites like Mom Bei (Chong Bok) — where the May clash happened — and three ancient temples, including the Preah Vihear Temple, which was awarded to Cambodia in a 1962 ruling by the International Court of Justice (ICJ). Thailand accepted that ruling, but disputes about land surrounding the temple have continued to spark violence. Most recently, Cambodia submitted a new case to the ICJ over four disputed border points. Thailand, however, does not accept the court's jurisdiction and prefers bilateral negotiations. Could Paetongtarn Shinawatra resign over the controversy? The pressure on Paetongtarn, the youngest and only the second female prime minister in Thailand's history, is growing. She took office in August 2024 after her predecessor Srettha Thavisin was removed by the Constitutional Court for violating appointment rules. Opposition leaders and even some of her own coalition members have called for her to step down. Paetongtarn, daughter of exiled and now-returned former Prime Minister Thaksin Shinawatra, also faces scrutiny over her family's close ties with the Cambodian Hun political dynasty. Hun Sen, Cambodia's former leader, has said he will no longer engage in private phone calls with Paetongtarn. He also admitted sharing the leaked audio and later posted the full 17-minute conversation on his official Facebook page. What's next for the Thai-Cambodian border conflict? The fallout from the leaked call could shift regional dynamics. Cambodia has asked the ICJ to intervene, while Thailand remains firm in preferring bilateral talks. Both countries have shortened visa stays for each other's citizens, and economic retaliation continues on both sides. Tensions remain high, with mass rallies in Phnom Penh on Wednesday drawing tens of thousands of Cambodians in support of their government's firm stance. Hun Manet, Cambodia's new Prime Minister and son of Hun Sen, addressed the crowds, saying, 'When the country faces a threat… we will stand up in united spirit.' With national pride and political futures at stake in both nations, observers say the situation could deteriorate further unless cooler heads prevail. FAQs: Q1: Why is Thai PM Paetongtarn Shinawatra under pressure to resign? Because of a leaked phone call with Hun Sen that upset the public and political allies. Q2: What triggered the latest Thailand-Cambodia border tensions? A fatal border clash in May and fallout from the leaked call escalated the dispute.
