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Subscribe to enjoy similar stories. WASHINGTON : Many Trump administration officials work on national security or artificial intelligence. Michael Kratsios is thinking about how they collide.

Subscribe to enjoy similar stories. Wall Street’s visions of a deal bonanza under President Trump haven’t materialized. That doesn’t mean companies have been sitting around idle.

It's the latest phase of a nationwide crackdown launched in October 2023 to expel foreigners living in Pakistan illegally, mostly Afghans. The campaign has drawn fire from rights groups, the Taliban government, and the U.N. Arrests and deportations were due to begin April 1 but were pushed back to April 10 because of the Eid al-Fitr holidays marking the end of Ramadan, according to government documents seen by The Associated Press. About 845,000 Afghans have left Pakistan over the past 18 months, figures from the International Organization for Migration show. Pakistan says 3 million Afghans remain. Of these, 1,344,584 hold Proof of Registration cards, while 807,402 have Afghan Citizen Cards. There are a further 1 million Afghans who are in the country illegally because they have no paperwork.

American economy really is exceptional. It is richer, more innovative, and continues to expand at a high rate compared to most of the developed world. It has been extra special the last 15 years, with its equity market outperforming any other country as growth prospects for China and Europe dimmed. But it seems exceptionalism might be ephemeral. Uncertainty around trade and the future strength of the dollar has led some big European investors to retreat from American stocks. And the problem may go deeper. Less than 100 days into a second Trump administration, commentators are already discussing the coming end of American exceptionalism. Many things make the American economy exceptional. For one, it houses the deepest and most liquid capital markets, which help channel money to its more productive uses. But what makes it truly extraordinary is its dynamism, which underpins innovation and productivity, attracting talent from around the world. To figure out if our best days are behind us, it is necessary to separate short-term exceptionalism based on current financial conditions and longer-term structural exceptionalism that has been a feature of the American economy for the last century. The short-term boom may indeed be fading, but exceptionalism should endure over the longer term because it is more durable than whatever damage any one president can do in a few months.

Amit Shah on Monday highlighted the Modi government's achievements in the health sector at the inauguration program of Maharaja Agrasen Medical College. During an event in Hisar, Haryana, Union Home Minister Amit Shah said, «In ten years, the Modi government lifted 25 crore people out of the poverty line. Four crore houses have been constructed to give shelter to 20 crore people. 81 crore people get five kg free ration per month.» He further added, «Until 2014, 12 crore families did not have toilet facilities. Today, I congratulate the Haryana government for becoming the first state government in the country to provide toilets in every house in the state...With a holistic approach, the Narendra Modi govt has thought about the health sector in the country.» «The Narendra Modi government has done a lot of work in the area of medical infrastructure. Rs 64,000 crores have been spent on creating Public Health Centres and Community Health centres,» Shah added. Amit Shah said that the Modi government has done a lot of work in the health sector and in medical infrastructure; over Rs 64,000 crores have been spent on creating Public Health Centres and Community Health centres.

Apple a 150-million-euro ($162-million) fine on Monday over its app tracking privacy feature, which is also under scrutiny in several other European countries. The watchdog said the way Apple implemented its App Tracking Transparency (ATT) software was «neither necessary nor proportionate to the company's stated goal to protect user data» and also penalised third-party publishers. In addition to the fine, Apple will have to publish the decision on its website for seven days. Authorities in Germany, Italy, Romania and Poland have opened similar probes over ATT, which Apple promotes as a privacy safeguard. «While we are disappointed with today's decision, the French Competition Authority has not required any specific changes to ATT,» Apple said in a statement.

Subscribe to enjoy similar stories. By its own estimate, the Indian government expects the economy to close 2024-25 with an expansion of 6.4%. That would make India one of the fastest-growing economies, but it’s still some way from maximising its unique demographic moment.

Maharashtra Navnirman Sena (MNS) chief Raj Thackeray while addressing a public rally on the occasion of Gudi Padwa lashed out at the government over the efforts to stir controversy over the tomb of Aurangzeb and further stated that it had nothing to do with Chhatrapati Shivaji Maharaj. He appealed to the youth to stop believing in history texts sent on WhatsApp and further said that they were being diverted from the original history. The MNS Chief took a jibe at the state government and said that the situation of rivers in Maharashtra was dangerous, further stating that four out of five rivers in the state had died due to sewage, pollution and slums. Speaking on the country's increasing population, he said that forests were being cut down recklessly and urged for all illegal encroachments to be demolished. Taking a jibe at the government over the Ladli Behen Yojana, he said that the government was burdened financially and was incapable of affording the scheme. The MNS chief also questioned why the loan waivers had not been given to the farmers and said that an economic insecurity had set in the state.

Japan's economy could lose as much as $1.81 trillion in the event of a long-anticipated megaquake off its Pacific coast, which could trigger devastating tsunamis, the collapse of hundreds of buildings and potentially killing about 300,000 people, a government report said on Monday. The expected economic damage of 270.3 trillion yen, or nearly half of the country's total gross domestic product (GDP), was up sharply from the previous estimate of 214.2 trillion yen as the new estimate accounted for inflationary pressures and updated terrain and ground data which have expanded anticipated flood areas, the Cabinet Office report showed. Japan is one of the world's most earthquake-prone countries, and the government sees about an 80% chance of a magnitude 8 to 9 earthquake along a tremulous seabed zone known as the Nankai Trough. Under the worst-case scenario, based on a potential magnitude 9 earthquake in the area, Japan is likely to see 1.23 million evacuees or 10% of its total population. As many as 298,000 people could die from tsunamis and building collapses if the quake occurs late at night in winter, the report showed. The trough is off Japan's southwest Pacific coast and runs for approximately 900 km (600 miles), where the Philippine Sea Plate is subducting under the Eurasian Plate. The accumulating tectonic strains could result in a megaquake roughly once in 100 to 150 years.

NDRF) team has begun rescue operations under Operation Brahma at the U hla thein monastery, where around 170 monks are still stuck, the Ministry of External Affairs (MEA) stated on Monday. The Army team will visit the hospital site on Monday and will setup their Medical Services on Tuesday. The NDRF are also trying to get the NDRF team deployed at the Sky Villa (where four towers of 11 storeys each have collapsed). The towers have several foreigners. The relief material (arriving tomorrow) will also be given to the Secretary General of state Mahanayak Committee (2nd highest of the Committee in Myanmar) where around 2,000 monks are sitting outside the monastery. The monks are not injured, but they have nowhere to go and have no basic amenities. Teams will also be deployed to the Mandalay Palace, Maha Muni Pagoda, MIIT, and other such places where substantial damage has occurred. The teams are providing assistance to members of Indian community for their stay and food. Rescue efforts are underway in Myanmar after a devastating 7.7-magnitude earthquake struck the country, killing at least 1,700 people and leaving widespread destruction in its wake. The quake, which was felt as far away as Bangkok and Chinese provinces, has left many more injured or trapped under rubble, CNN reported.

Subscribe to enjoy similar stories. ABOARD THE HNLMS LUYMES—Belgian Navy Commander Erik Kockx was patrolling the Baltic Sea recently when he got word that a ship on NATO’s watchlist was acting in a suspicious manner. After leaving a Russian port, it had slowed down while passing near a pipeline on the sea bottom.

Subscribe to enjoy similar stories. The conventional economic case for globalization and free trade has emphasized the aggregate gains that they bring, including enhanced productivity, faster technological change and wider consumer choice. However, a critical aspect often overlooked is that globalization inevitably creates both winners and losers in the short term, even though its long-term effects are broadly positive for society as a whole.

Spring Revolution Myanmar Muslim Network, said Monday that some 60 mosques were damaged or destroyed when the 7.7 magnitude quake hit near Mandalay, the country's second largest city. It was not immediately clear whether those killed in the mosques were included in the official toll of more than 1,700 people killed in the earthquake so far.

The women student protest leaders of Bangladesh will be honoured with the 'Madeleine Albright Honorary Group Award', named after the first woman to serve as US Secretary of State. «A valiant group of women were key drivers in the student protest movement against violent repression in Bangladesh in July-August 2024. They demonstrated extraordinary bravery, including standing between security forces and male protestors in spite of threats and violence,» the State Department said in a statement. «When their male counterparts were arrested, these women found innovative ways to continue communication and lead the protests, defying censorship efforts, even during the complete shutdown of the Internet. The bravery and selflessness of these women amid uncertainty was the very definition of courage,» it said. However, the State Department did not name any particular individual for the award.

Donald Trump has launched a volley of tariffs impacting allies and adversaries this year, promising «Liberation Day» on Wednesday with action targeting countries that have persistent trade gaps with his country.

F-35, a fifth-generation fighter, was developed in partnership with eight countries, making it a model of international cooperation. When President Donald Trump introduced its successor, the F-47, he praised its strengths — and said the version sold to allies would be deliberately downgraded. That made sense, Trump said last week, «because someday, maybe they're not our allies.» For many countries wedded to the United States, his remark confirmed a related conclusion: that America can no longer be trusted. Even nations not yet directly affected can see where things are heading, as Trump threatens allies' economies, their defense partnerships and even their sovereignty. For now, they are negotiating to minimize the pain from blow after blow, including a broad round of tariffs expected in April. But at the same time, they are pulling back. Preparing for intimidation to be a lasting feature of U.S. relations, they are trying to go their own way. A few examples:

Donald Trump’s “Liberation Day.” In India, which keeps getting pilloried by the US president as an exemplar of bad behavior in trade, the reciprocal tariff announcement of April 2 has acquired a fervent overtone. In preparation, New Delhi is offering one sacrifice after another, hoping that the angry god of the White House will let it go with nothing more serious than a slap on the wrist. The latest peace offering is the decision to do away with a 6% tax on ads that local businesses place with foreign search engines, social media and e-commerce firms. This is Prime Minister Narendra Modi’s way of telling Trump, “Look, we aren’t China. Not only do we allow Alphabet Inc. and Meta Platforms Inc. to hog our digital-advertising pie, if you want us to make it cheaper for them to operate, that’s fine, too.” Also Read: India open to clearing import duty hurdle for US auto parts The sacrifice is a win for Trump, though it isn’t much of a loss for Modi. Known colloquially as the “Google Tax,” the levy was a bad idea when it was introduced in India’s 2016 budget. Since then, domestic advertisers have had to withhold 6 cents on the dollar when they get their bills from places like Ireland, where online platforms typically book their revenue. Just like Trump’s tariffs will be mostly paid by American consumers, the burden of the so-called Indian equalization levy had to be absorbed not by the tech platforms, but by the advertisers. It pushed up costs for local businesses. Where would they advertise, if not on Google or Facebook?

Anand Mahindra can’t stop gushing about this enterprising IAS officer. D. Krishna Bhaskar, who was posted as district collector in the Rajanna-Sircilla region of Telangana, created history in 2020 when he managed to increase groundwater levels by six metres in less than four years. Taking to X on Monday, the billionaire praised the IAS officer for coming up with an innovative solution to India’s water woes. The tycoon stated that in a country whose economy is dependent on farming, depleting water resources is a major concern.

Byju Raveendran is “broke, but not broken.” The disgraced entrepreneur, whose brainchild, the edtech giant Byju’s, had been in one controversy after another due to disputes with investors and dwindling finances, took to X on Sunday and vowed to rebuild his $22 billion empire from scratch. His tweet, which read, “Broke. Not broken. We will rise again” has gone viral on the microblogging app, gaining more than 600K views and 8K likes.

Subscribe to enjoy similar stories. The word “work" has become loaded with meanings, is weighed down by multiple connotations and teems with social divisions. But what is work? Some view it as a four-letter word signifying a quotidian preoccupation, the root of a humdrum existence but an unavoidable necessity.

Liberation Day, U.S. President Donald Trump announced on Sunday that the reciprocal tariffs he plans to unveil this week will apply to all nations, not just a select group of 10 to 15 countries with the largest trade imbalances. Trump has pledged to introduce a sweeping tariff plan on Wednesday, a move he has dubbed «Liberation Day.» He has already imposed tariffs on aluminum, steel, and automobiles, alongside heightened duties on all imports from China. «You'd start with all countries,» Trump told reporters aboard Air Force One. «Essentially all of the countries that we're talking about.» White House economics adviser Kevin Hassett recently told Fox Business that the administration’s tariff focus would be on 10 to 15 nations with the most significant trade imbalances, though he did not specify which ones. Meanwhile, India is considering reducing or even eliminating customs duties on auto parts imported from the US, a government official told ET. The move comes as part of efforts to strengthen trade ties, with officials believing it would not significantly impact the domestic industry. Trump views tariffs as a means of shielding the domestic economy from unfair global competition and as leverage for negotiating better trade terms for the U.S.