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☆ China and India are so far into frenemy zone that they may never join forces to topple the dollar
▼ + stars: | 2023-10-03 | by ( Huileng Tan | ) www.businessinsider.com time to read: +7 min

The economist who coined the "BRIC" acronym said the currency idea seemed "crazy." The bloc is helmed by the major emerging nations of Brazil, Russia, India, China, and South Africa. It also appears that it's just Russia and Brazil that have really pushed for a BRICS common currency. But even if a BRICS currency comes to pass, its use could be limited. AdvertisementAdvertisementPrakash said a BRICS currency would be used in "very narrow and vertical settings, or for BRICS projects."

Persons: —, Washington, Joseph Sullivan —, There's, Jim O'Neill, Goldman Sachs, O'Neill, Xi Jinping, Narendra Modi, Xi, didn't, Li Qiang, Liu Pengyu, Modi, Liu, there's, Abishur Prakash, it's, China hasn't, Palit, Prakash Organizations: Service, White House, Indian, Monetary Fund, China's, UN, China, Institute of South Asian Studies, National University of Singapore, Affairs Ministry Locations: China, India, Russia, Ukraine, Brazil, South Africa, Europe, Africa, Beijing, New Delhi, Johannesburg, China's Washington, DC, BRICS

Making mistakes doesn't feel great, but they can provide some lessons you might not have learned otherwise. We asked this year's rising stars of Wall Street to open up about the biggest missteps of their careers so far and what they took away from them. Some shared their rookie errors — like slamming their laptop shut after forgetting to save their first big pitch deck or duplicating a trade — while others gave more reflective answers about how early career mistakes impacted their paths. We've got to iterate and change how we do things, and I think that's helped our team's process a lot. So my mistakes also brought me here, and everything that has been a mistake is always a learning experience.

Persons: there's, Luis Arteaga, David Trinh, you'll, Michael Dunn Goekjian, Tori Gilliland, didn't, It's, Andrew Almeida, Thoma Bravo I've, I've, Nadim Laiwala, Rachel Hunter, Goldman, Kristen Powers, Morgan Stanley, Sarah Sigfusson, Shanta Wu, Fred Michel, who's, Morgan, Neil Kamath, Rachel Barry, Chris Dell'Amore, We've, that's, Peter Gylfe, Ricky Mewani, Dominic Rizzo, Rowe Price, Lillian Qian Lin, of, Steve Schwarzman, Peter Peterson, Stephen Schwarzman, Blackstone, Patrick McGoldrick, Katya Brozyna, Michael Wilkinson, Yi Yi, Wells, Luna McKeon, —, Anne, Victoire Auriault, Goldman Sachs Organizations: Barclays, Delta, Barclays Bridgewater Associates, Bridgewater Associates, Apollo Management, Thoma Bravo, Moelis, US, Bank of, Fidelity, JPMorgan, BlackRock Blackstone, Citadel, Blackstone, Jefferies, Citadel Securities, Blue Owl, Goldman Locations: Bank, Evercore, Wells, Americas

CNN —An Indian minister has accused Canada of giving “operating space” to terrorists and extremists, as he rejected claims by Prime Minister Justin Trudeau that the Indian government may have played a role in the assassination of a Sikh separatist on Canadian soil. “The Canadian (prime minister) made some allegations initially privately, and then publicly. He said the Indian government had long accused Canada of inaction in dealing with Sikh separatist extremism aimed at creating a separate Sikh homeland. He said India believes Canada has a “very permissive Canadian attitude towards terrorists, extremist people who openly advocate violence.”Those individuals “have been given operating space in Canada because of the compulsions of Canadian politics,” Jaishankar added. And that has actually compelled me to temporarily suspend even visa operations in Canada,” the minister added.

Persons: Justin Trudeau, ”, Subrahmanyam Jaishankar, “, Trudeau, Hardeep Singh Nijjar, Trudeau’s, Jaishankar, ” Jaishankar, Antony Blinken, Blinken, Nijjar, Gina Raimondo, Katherine Tai, Alicia Barcena, Raquel Buenrostro, Jake Sullivan, I’m Organizations: CNN, Hudson Institute, India’s, Indian National Investigation Agency, State Department, US, US National, Canadian Locations: Washington, India, India’s Punjab, Canada, Britain , New Zealand, Australia, Mexican

Blinken met with Jaishankar at the State Department on Thursday afternoon. A State Department spokesperson said that in the meeting Blinken had urged India to cooperate "fully" with the ongoing Canadian investigation. Ties between Indian and Canada have become seriously strained after Trudeau told parliament this month that Canada suspected Indian government agents were linked to the murder. Jaishankar said on Tuesday New Delhi had told Canada it was open to looking into any "specific" or "relevant" information it provides on the killing. The U.S. ambassador to Canada told Canadian television that some information on the case had been gathered by the Five Eyes intelligence alliance, which groups the U.S., Canada, Australia, New Zealand and Britain.

Persons: Antony Blinken, Subrahmanyam Jaishankar, Leah Millis, Jake Sullivan, Hardeep Singh, Blinken, Jaishankar, Trudeau, Nijjar, Sullivan, Washington, Humeyra Pamuk, David Brunnstrom, Doina Chiacu, Caitlin Webber, Daniel Wallis, Don Durfee Organizations: State Department, REUTERS, Rights, India's, U.S . National, Department, New, The, Canadian, Thomson Locations: Washington , U.S, Canada, India, United States, Washington, Blinken, U.S, Quebec, Canadian, New Delhi, The U.S, Australia, New Zealand, Britain

☆ India foreign minister says he spoke to Blinken, Sullivan about Sikh separatist murder
▼ + stars: | 2023-09-29 | by ( ) www.reuters.com time to read: +1 min

U.S. Secretary of State Antony Blinken and India's External Affairs Minister Subrahmanyam Jaishankar say a few words to the media as they meet at the State Department in Washington, U.S., September 28, 2023. REUTERS/Leah Millis Acquire Licensing RightsNEW DELHI, Sept 29 (Reuters) - India's foreign minister on Friday said he spoke to U.S. Secretary of State Antony Blinken and the U.S. National Security Advisor Jake Sullivan about Canadian allegations on New Delhi's possible involvement in the June killing of a Sikh separatist leader in Canada. Ties between the two countries have been strained after Canadian Prime Minister Justin Trudeau told parliament earlier this month that Canada suspected Indian government agents were linked to the murder of Hardeep Singh Nijjar. India has dismissed Canada's allegations as absurd and both countries have expelled a diplomat in a tit-for-tat move. A U.S. official confirmed that Blinken spoke to India's Foreign Minister Subrahmanyam Jaishankar on Thursday and urged India to cooperate with the Canadian investigation, but a U.S. State Department statement made no mention of the issue.

Persons: Antony Blinken, Subrahmanyam Jaishankar, Leah Millis, Jake Sullivan, Justin Trudeau, Hardeep Singh, Blinken, Jaishankar, Shivam Patel, Christina Fincher Organizations: State Department, REUTERS, U.S . National, Canadian, U.S, India's, U.S . State Department, Hudson Institute, Thomson Locations: Washington , U.S, DELHI, Canada, Hardeep Singh Nijjar, India, U.S, Washington

☆ U.S. readout excludes India-Canada rift as Blinken meets India's top diplomat
▼ + stars: | 2023-09-29 | by ( Clement Tan | ) www.cnbc.com time to read: +2 min

Indian External Affairs Minister Subrahmanyam Jaishankar and U.S. Secretary of State Antony Blinken arrive for a photo spray and brief remarks at the U.S. State Department September 28, 2023 in Washington, DC. Drew Angerer | Getty Images News | Getty ImagesU.S. Secretary of State Antony Blinken met India's foreign minister Subrahmanyam Jaishankar in Washington on Thursday, but the U.S. readout did not mention the spiraling dispute between India and Canada. Trudeau went public with "credible allegations" on Sept. 18, accusing the Indian government of orchestrating the murder. The deepening rift between the two sides is concerning Canada's closest allies — Australia, the United Kingdom and the United States. If allegations are true, this may well derail the U.S. courtship of India as a partner in a broader Indo-Pacific strategy aimed at countering China.

Persons: Subrahmanyam Jaishankar, Antony Blinken, Drew Angerer, Justin Trudeau, Trudeau, Blinken, Trudeau's, Hardeep Singh Nijjar Organizations: Affairs, U.S . State, Getty, Canadian, U.S, Ottawa Locations: Washington ,, Washington, U.S, India, Canada, New Delhi, Canadian, Australia, United Kingdom, United States, China

☆ Here’s the credit score you need to buy a home—it’s not a perfect 850
▼ + stars: | 2023-09-23 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

If a low credit score is keeping you from buying a home, you're not alone. To qualify for a conventional loan, the most commonly used mortgage loan, you'll typically need at least a credit score of 620, Experian says. Here are the credit score ranges that qualify as poor, fair, good, very good and exceptional, according to Experian. "The score is a measure of risk, so the lower your score, the more risk the lender is taking with you," Opperman says. "The higher your score, the lower the risk, so a lender will charge you less interest the higher your score gets."

Persons: Melinda Opperman, Experian, Opperman Organizations: Survey, CNBC

☆ Solidus Labs' Chen Arad breaks down crypto security firm's new report on wash trades
▼ + stars: | 2023-09-21 | by ( Talia Kaplan | Kaan Oguz | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSolidus Labs' Chen Arad breaks down crypto security firm's new report on wash tradesChen Arad, co-founder and chief external affairs officer of Solidus Labs, discusses the findings of the digital asset security startup's latest crypto market manipulation report on wash trading activity.

Persons: Chen Arad Organizations: Solidus Labs

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin sinks below $27,000 after Fed signals keeping rates higher for longer: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Chen Arad, co-founder and chief external affairs officer of Solidus Labs, breaks down the findings of the digital asset security startup's latest crypto market manipulation report on wash trading activity.

Persons: explainers, Chen Arad Organizations: CNBC Crypto, CNBC, Solidus Labs

☆ India suspends visa services in Canada as diplomatic crisis escalates
▼ + stars: | 2023-09-21 | by ( Clement Tan | ) www.cnbc.com time to read: +1 min

India tourist visa is seen in a passport in Brampton, Ontario, Canada, on March 17, 2022. India suspended visa applications in Canada on Thursday, escalating the festering diplomatic crisis between the two countries. The recent feud was sparked by the Canadian government's announcement of "credible allegations" the Indian government orchestrated the extra-judicial slaying of a Sikh separatist in Canada. The move will curtail India travel for Canada-based applicants and follows a travel advisory urging Indian nationals to "exercise utmost caution" while traveling in Canada and a reciprocal expulsion of senior diplomats. India's Ministry of External Affairs and Canada's High Commission in India were not immediately available to respond to CNBC requests for comment.

Persons: Justin Trudeau's Organizations: Canadian, BLS International, India's, External Affairs, CNBC Locations: India, Brampton , Ontario, Canada, New Delhi, Ottawa

☆ India issues travel advisory for Canada as row over Hardeep Singh Nijjar killing deepens
▼ + stars: | 2023-09-21 | by ( Rhea Mogul | ) edition.cnn.com time to read: +3 min

“Recently, threats have particularly targeted Indian diplomats and sections of the Indian community who oppose the anti-India agenda,” an advisory released on Wednesday by the Indian Ministry of External Affairs said. Nijjar was an outspoken supporter of the creation of a separate Sikh homeland known as Khalistan, which would include parts of India’s Punjab state. The Khalistan movement is outlawed in India and considered a national security threat by the government. A number of groups associated with the movement are listed as “terrorist organizations” under India’s Unlawful Activities (Prevention) Act (UAPA). His death both shocked and outraged the Sikh community in Canada, one of the largest outside India and home to more than 770,000 members of the religious minority.

Persons: “, ”, Justin Trudeau, Hardeep Singh Nijjar, Nijjar Organizations: CNN, Ottawa, Indian Ministry, External Affairs, High Commission of India, BLS, BLS International, Canadian, India’s, Indian National Investigation Agency, Khalistan Locations: India, Canada, New Delhi, Toronto, Vancouver, . New Delhi, United States, India’s Punjab, Surrey, British Columbia

☆ India urges 'utmost caution' in Canada travel advisory as bilateral feud escalates
▼ + stars: | 2023-09-20 | by ( Clement Tan | ) www.cnbc.com time to read: +1 min

A poster of the former Gurdwara President Hardeep Singh Nijjar is displayed on a fence outside the Guru Nanak Sikh Gurdwara temple in Surrey, British Columbia, Canada, on September 19, 2023. India warned its citizens to "exercise utmost caution" in Canada, deepening the diplomatic rift between both countries after Prime Minister Justin Trudeau went public with claims that New Delhi orchestrated the extra-judicial slaying of a Sikh separatist in Canada. India has slammed and rejected these claims as "baseless" and "absurd," accusing Canadian leaders of being sympathetic toward anti-India causes. "Recently, threats have particularly targeted Indian diplomats and sections of the Indian community who oppose the anti-India agenda," the ministry added. "Indian nationals are therefore advised to avoid travelling to regions and potential venues in Canada that have seen such incidents."

Persons: Hardeep Singh, Nanak, Justin Trudeau, Hardeep Singh Nijjar Organizations: External Affairs, U.S Locations: Surrey, British Columbia, Canada, India, Delhi, Canadian, China

☆ Canada expels Indian diplomat as it investigates India’s possible link to Sikh activist’s slaying
▼ + stars: | 2023-09-18 | by ( ) www.cnbc.com time to read: +5 min

Canada's Prime Minister Justin Trudeau speaks during a press conference following a cabinet shuffle, at Rideau Hall, in Ottawa, Ontario, Canada, July 26, 2023. Canada expelled a top Indian diplomat Monday as it investigates what Prime Minister Justin Trudeau called credible allegations that India's government may have had links to the assassination in Canada of a Sikh activist. Trudeau told Parliament that he brought up the slaying with Indian Prime Minister Narendra Modi at the G-20 last week. Canadian Foreign Minister Mélanie Joly said the head of Indian intelligence in Canada has been expelled as a consequence. It called on Canada to work with India on what New Delhi said is a threat to the Canadian Indian diaspora.

Persons: Justin Trudeau, Trudeau, Hardeep Singh Nijjar, Narendra Modi, Modi, Mélanie Joly, " Joly, Hardeep Singh, Dominic LeBlanc, Joly, Joe Biden, Rishi Sunak, Pierre Poilievre, Poilievre, Jagmeet Singh, Sikh, Singh, Nijjar Organizations: Canada's, Rideau Hall, Indian, Canadian, Indian Embassy, Associated Press, Public, Royal Canadian Mounted Police, United Nations, Assembly Relations, Conservative, Opposition New, India's Ministry, External Affairs, Sikh Organization of Canada Locations: Ottawa , Ontario, Canada, Indian, Surrey, British Columbia, Ottawa, India, New York City, United Kingdom, Delhi

☆ Afghan Students Urge India to Extend Visas and Restart Scholarships
▼ + stars: | 2023-09-13 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +2 min

India has in the past offered scholarships to thousands of overseas students from countries such as Afghanistan to pursue undergraduate and post-graduate degrees. "The students are neither getting scholarships nor permission to work in India," he said. The ICCR has previously offered study grants to nearly 1,000 Afghan nationals to pursue undergraduate and postgraduate studies in India. These grants consisted of a monthly stipend of between 25,000 rupees ($301) and 28,500 rupees to Afghan students, on top of subsidised tuition fees and travel expenses. "I want to continue my studies in India, but the government has not released our stipends," said Parwana Hussaini, who came to India in 2016 for higher studies.

Persons: Manoj Kumar, Mayank Bhardwaj, Kumar Tuhin, ICCR, Parwana Hussaini, David Holmes Organizations: Mayank Bhardwaj NEW DELHI, Afghanistan Students ' Association, Indian Council for Cultural Relations, External Affairs, External Affairs Ministry Locations: India, New Delhi, Afghanistan

New Delhi CNN —When Indian prime minister Narendra Modi inaugurated the Group of 20 (G20) leaders’ summit on Saturday, he sat behind a country name placard that piqued the interest of many. “PM Modi uses placard Bharat for G20 inaugural address,” ran a headline in the Times of India, one of the country’s largest English-language outlets, moments after. Both India and Bharat are used officially in the nation of 1.4 billion people, which has more than 20 official languages. Bharat is also the Hindi word for India and is used interchangeably – both feature on Indian passports for example. But the use of “Bharat” on the G20 invites has raised eyebrows among opposition leaders.

Persons: Narendra Modi, Bharat, Modi, ”, “ Bharat, “, –, ’, ” Harnath Singh Yadav, Virender Sehwag, Bharat ”, ” Shashi Tharoor, Raghav Chadha, Jaishankar Organizations: New, New Delhi CNN, “, Bharat, Group, Bharatiya Janata Party, BJP, Cricket, Developmental, INDIA, Aam Aadmi Locations: New Delhi, ’, India, Times of India, Britain, British, Indian, INDIA

☆ Biden, Modi discuss rail deal, democracy as U.S. press sidelined
▼ + stars: | 2023-09-08 | by ( Nandita Bose | ) www.reuters.com time to read: +5 min

Biden and Modi last met in person in June when the Indian leader was the guest of a White House state visit. U.S. Treasury Secretary Janet Yellen joined Friday's meeting, as did White House national security adviser Jake Sullivan, the White House said in a statement. Biden spoke to Modi about the importance of a healthy democracy, Campbell told reporters. Modi, of the Hindu nationalist Bharatiya Janata Party, has faced criticism about shrinking press freedom in India since he took office. His allies attacked the reporter afterward, in a targeted online harassment campaign that the White House later called "unacceptable" and "antithetical to the very principles of democracy."

Persons: Joe Biden, Narendra Modi, Biden, We're, we've, Kurt Campbell, Campbell, Eileen Laubacher, Modi, amiably, Janet Yellen, Jake Sullivan, Subrahmanyam, Ajit Doval, Amit Dave, Nandita Bose, Steve Holland, Heather Timmons, Grant McCool Organizations: Indian, U.S, U.S . National Security Council, South, U.S ., General Electric, Treasury, Friday's, White, REUTERS, World Bank, Biden, Bharatiya Janata Party, White House, Thomson Locations: DELHI, New Delhi, India, East, Europe, U.S, South Asia, Washington, Delhi, China, Africa, Latin America, Asia, Vietnam, United States, American

☆ Senators take up looming insurance crisis as policy issuers flee Florida and California
▼ + stars: | 2023-09-07 | by ( Chelsey Cox | ) www.cnbc.com time to read: +1 min

View of a damaged property after the arrival of Hurricane Idalia in Horseshoe Beach, Florida, August 31, 2023. Persistent weather events have led to rate increases and reductions in coverage offered, often overburdening low-income residents. The average cost of property insurance has soared in recent years, according to an analysis by credit rating firm S&P Global Ratings. "Without insurance, millions of families will be at greater risk for climate crises," Sen. Elizabeth Warren, D-Mass., a member of the committee, said during the hearing. "And as whole communities lose access to insurance, the impact is going to be felt all the way through our economy."

Persons: WASHINGTON —, Michelle Norris, Norris, Sen, Elizabeth Warren Organizations: WASHINGTON, National Church Locations: Horseshoe Beach , Florida, Florida , California

Both India and Bharat are used officially in the nation of 1.4 billion people, which has more than 20 official languages. “India, that is Bharat, shall be a Union of States,” the country’s constitution states. Bharat is also the Hindi word for India and is used interchangeably – both feature on Indian passports for example. “The word ‘India’ is an abuse given to us by the British, whereas the word ‘Bharat’ is a symbol of our culture,” Harnath Singh Yadav, a BJP politician, told Indian broadcaster ANI. Some opposition politicians said the government’s use of Bharat was a response to the formation of the INDIA alliance.

Persons: Bharat, ”, Droupadi Murmu, Narendra Modi, Modi, –, ’, ” Harnath Singh Yadav, Virender Sehwag, Bharat ’, Bharat ”, ” Shashi Tharoor, “, it’s, Raghav Chadha, Jaishankar Organizations: New, New Delhi CNN, Indian, of States, Bharatiya Janata Party, BJP, Cricket, Developmental, INDIA, Aam Aadmi Locations: New Delhi, India, Delhi, Britain, British, Kingsway, Nicobar, INDIA

☆ ‘Friends’ and ‘Seinfeld’ knew the cure for loneliness
▼ + stars: | 2023-09-06 | by ( Eliza Relman | ) www.businessinsider.com time to read: +15 min

Racial and class segregation have also long shaped and limited access to public places. "The fundamental rule of public space is that what attracts people most is other people." So it's counterproductive to stop responsible drinkers from enjoying themselves in parks, at street fairs, and in other public places. There are an average of eight public toilets for every 100,000 people in the US, but access to facilities varies widely. By contrast, countries like the UK and Switzerland have many more public toilets per capita.

Persons: Sara Hoy, Hoy, she'd, I've, Erin Boyd, Culdesac, We're, —, Severance, Vivek Murthy, millennials, Sen, Chris Murphy, Murphy, Tina Smith, Smith, Leslie Kern, Kern, Mitchell Reardon, Reardon, Eid, Kristen Ghodsee, who's, Ghodsee Organizations: Central Pennsylvania, Peace Corps, today's, Seneca Village, Dodger, Connecticut Democrat, Minnesota Democrat, Soho House, Social, Centers for Disease Control, East European Studies, University of Pennsylvania, National Association of Realtors Locations: Central, Moldova, Korea, Sweden, Phoenix, Arizona, New York, Seneca, Washington, Rock Creek, Los Angeles, Connecticut, America's, Wethersfield , Connecticut, Minnesota, Soho, America, Seattle, York City, Rochester , Minnesota, Europe, Germany, It's, Switzerland, Homebuyers, Houston, Austin

☆ De-dollarization still a long way off, Indian minister says after BRICS talk of a common currency
▼ + stars: | 2023-08-25 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +3 min

However, the U.S. dollar will remain the currency of choice for transactions in international oil markets, he told CNBC's Tanvir Gill. watch nowThe U.S. dollar has long been the main global oil currency, including for purchases by India. Stock Chart Icon Stock chart iconOil has also been settled in Indian rupees. In light of this, Puri was asked if the Indian rupee could be part of the de-dollarization trend, especially in the oil market? But these international arrangements, trading arrangements, payment arrangements, these have been in place for a long time," he added.

Persons: Hardeep Singh Puri, CNBC's Tanvir Gill, It's, SWIFT, Puri, I'm, Hardeep Singh, Luiz Inácio Lula da Silva Organizations: U.S, Gas, CNBC, India, Reuters, India Oil Corp, United Arab Emirates, Affairs, Gas Minister Locations: New Delhi, Russia, Ukraine, Moscow, China, Saudi Arabia, India, Malaysia, Hardeep Singh Puri, South Africa

CNN —Indian Prime Minister Narendra Modi and Chinese leader Xi Jinping agreed to “intensity efforts” to deescalate tensions at their contested border, in a rare face-to-face meeting since a deadly clash strained relations more than three years ago. Face-to-face meetings between the leaders of India and China, the world’s two most populous nations, are rare. They had a brief conversation weeks later on the sidelines of the Group of 20 (G20) leaders’ meeting in Bali, Indonesia. India’s decision to host this year’s SCO virtually meant that Modi and Xi did not have an opportunity for a face-to-face meeting. Xi is also expected to attend the G20 leaders’ summit in New Delhi next month.

Persons: Narendra Modi, Xi Jinping, ”, Modi, Xi, Vinay Kwatra, ” Kwatra, “, assertiveness Organizations: CNN, Indian, LAC, China’s Ministry of Foreign Affairs, India’s, External Affairs, Shanghai Cooperation Organization, Huawei Locations: Johannesburg, India, China, New Delhi, Beijing, Western, Uzbekistan, Bali , Indonesia, Aksai Chin, Ladakh, Tawang, Arunachal Pradesh, United States, Japan, US, Australia, Jammu, Kashmir, Pakistan

☆ India is a rising force in Southeast Asia as region seeks to counter China's dominance
▼ + stars: | 2023-08-14 | by ( Sumathi Bala | ) www.cnbc.com time to read: +8 min

(Photo credit RAVEENDRAN/AFP via Getty Images) Raveendran | Afp | Getty ImagesIndia is taking major strides to expand its influence in Southeast Asia, a move that will allow countries to counter China's dominance in the region. "India certainly is becoming more ambitious in Southeast Asia. "This is particularly salient to the maritime sphere, namely the South China Sea, where overlapping sovereignty disputes threaten regional stability and openness," he added. "It continues to maintain a very independent streak in its foreign policy, which suits a large number of Southeast Asian countries." While China remained the most influential and strategic power in Southeast Asia, its standing has diminished, the Southeast Asia survey from February showed.

Persons: Pant, Subrahmanyam Jaishankar, Narendra Modi's, Satoru Nagao, Nagao, Derek Grossman, Modi, Xi Jinping, Ted Aljibe, Enrique Manalo, Rand's Grossman, Joanne Lin, Lin, ISEAS's Lin Organizations: Indian, Getty, Afp, Observer Research Foundation, CNBC, Southeast, Hudson Institute, Vietnam Air Force, Rand Corporation, TED ALJIBE, Initiative, ASEAN Studies, Yusof Ishak Institute, Observers, Pant Observer Research, China -, Wilson Center, ASEAN Wonk, U.S, ASEAN Studies Centre, Yusof, Ukraine, U.S ., New Delhi's Observer Research Foundation Locations: New Delhi, AFP, Southeast Asia, India, China, Beijing, Vietnam, Tokyo, China —, Manila, Philippine, Delhi, The Hague, Philippines, Malaysia, Brunei, ISEAS, Singapore, Asia, Europe, China - U.S, U.S, New

"It is not going to be easy for them (Russia)," said one industry executive with knowledge of grains exports. Last year, Russia exported a record volume of wheat on ships chartered from international companies and traders. "Most of what is coming out is dealt with by Russian traders using (shadow) fleet ships, which international traders would not touch". The Black Sea remains a critical area for Russian exports, with other locations more complicated and costly. Russia's Black Sea terminals handle about 70% of the country's grain exports.

Persons: Vladimir Putin, Eduard Zernin, Zernin, Cargill, Louis Dreyfus, Viterra, Dreyfus, Bunge, Denmark's, Mike Salthouse, Rosagroleasing, Victoria Mitchell, Jonathan Saul, Nigel Hunt, Polina Devitt, Gus Trompiz, Frank Jack Daniel Our Organizations: General's, REUTERS, Russia's, Grain, Reuters, International Grains Council, Russian, Control, Thomson Locations: Russian, Odesa, Ukraine, Russia Russia, Moscow, Africa, Novorossiysk, Russia's Union, Russia, Turkey, China, Denmark's NORDEN, Bulgaria, Romania, United States, Europe, Taman, Russia's, ., London, Paris

☆ Virtual Healthcare Has Green Benefits
▼ + stars: | 2023-08-02 | by ( Cecilia Butini | ) www.wsj.com time to read: +8 min

Virtual doctor’s appointments are helping healthcare companies reduce carbon emissions, though sustainability is mostly seen as a side benefit of telehealth rather than its main driver. The healthcare industry is responsible for about 5% of global greenhouse-gas emissions, of which the U.S. healthcare system alone accounts for a quarter. Similarly, in England, medicines, buildings, equipment and other supply-chain items generate most of the National Health Service’s emissions, according to official NHS figures. The company has designed an app for teleconsultations that is able to show patients the carbon emissions avoided through that consultation. In line with national data, the company said its Scope 3 emissions account for 75% of its total emissions.

Persons: telehealth, Cynthia Cox, KFF, ”, Colin Cave, ” Cave, Glyn Richards, Ben Phillips, BUPA, Marijka Grey, Kyle Zebley, — Dieter Holger, Cecilia Butini Organizations: McKinsey, Sustainable Business, Affordable, Energy, U.S . Agency for Healthcare Research, National Health, Kaiser Permanente, Permanente Kaiser Permanente, Spain —, CommonSpirit Health, CommonSpirit, American Telemedicine Association Locations: England, telemedicine, Kaiser, U.S, Northwest, U.K, Spain, Grey, Europe

☆ Exclusive: BYD tells India partner it wants to drop $1 billion EV investment plan, sources say
▼ + stars: | 2023-07-28 | by ( Sarita Chaganti Singh | ) www.reuters.com time to read: +4 min

BYD executives told Megha Engineering last week that the battery and EV maker wanted to drop pursuit of the investment, according to the two people with knowledge of that exchange. BYD, China's largest EV maker, declined to comment on the status of its investment proposal and whether it would pull the plan to produce electric cars in India. Megha Engineering did not respond to request to comment. A final decision on whether to approve BYD's investment proposal would be taken by Indian ministries of trade and heavy industries. In 2013 it started building electric buses in India with Megha Engineering, under a joint venture company called Olectra Greentech (OLEC.NS).

Persons: BYD, Megha, Aditi Shah, Zoey Zhang, Kevin Krolicki, Simon Cameron, Moore Organizations: Reuters, Megha Engineering, Engineering, automaker Tata Motors, Thomson Locations: DELHI, India, New Delhi, Hyderabad, China, Shanghai

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