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World

Latest and informed reports on developments from around the world.

Pakistan’s Economic Survey celebrates stability, its Budget for FY27 shows how fragile that stability is

Bidisha Bhattacharya -
Pakistan is seeing stabilisation without transformation, satisfied creditors without serving citizens & its most lauded fiscal achievement is deteriorating, even before it's fully realised.

Proposed US-Iran deal hinges on plan of sequential rewards to Tehran

Eric Martin -
Sequencing allows approach designed to prevent White House from getting caught out as it tries to end conflict & curb Iran’s nuclear programme. But phased approach means talks could unravel anytime.

Trump taps lawyer who helped defend him in hush money case to be Wall Street’s top cop

Maria Paula -
James McDonald, the new attorney, was part of legal team at Sullivan & Cromwell LLP that Trump tapped for appeal related to conviction in hush money case in New York State court.

Days after launch, Anthropic flagship AI models pulled off after US order over use by foreign nationals

Vrinda Tulsian -
US wanted Anthropic’s latest AI models blocked for all foreign nationals, even those in US. Unable to selectively enforce that across its cloud service, Anthropic disabled both models for every user.

CIA officer held in gold bars scandal worked with top Pentagon official on covert China spy programme—NYT

Nishtha Modgil -
Rush is facing probe for accumulating $40 mn in gold bars by fabricating a classified project. NYT says he worked closely with US Deputy Secretary of Defense before being fired by CIA.

South Korea’s ex-president Yoon gets 30 more years in jail for drone op meant to provoke North Korea

Kyra Menon -
Yoon & 3 others were found guilty of trying to create a pretext for his failed martial law declaration in 2024. He is already serving a life term after his insurrection conviction.

India bought Russian oil From 2022 on US request to stabilise market, says Jaishankar

Anup Roy -
The EAM criticised the on-and-off US sanctions on Russian oil, saying, “Let’s not pretend there’s some great principle involved here.'

3 strikes, 3 days, 3 deaths—Rise in Indian-crewed shadow fleet ships draws concern in New Delhi

Keshav Padmanabhan -
Up to 12% of global seafarers come from India. With rise in number of mariners, Indians are being recruited to crew shadow fleet vessels ferrying sanctioned crude.

Thai woman charged for murder of US diplomat at popular hotel in Myanmar

Nishtha Modgil -
Thai national appeared in court to face charges of murder and violation of immigration code over killing of an American diplomat who died of stab wounds to head and neck in Yangon.

Vanishing act by Israeli ‘spy’ in Lebanon puts Ukraine embassy under lens, Hezbollah left fuming

Nishtha Modgil -
The Mossad 'spy', holding Ukrainian citizenship, has upended Lebanese politics after escaping a Hezbollah prison and allegedly seeking refuge in Ukrainian Embassy, reports AP.

On Camera

Iran player’s gun gesture was just a goal celebration. Stop projecting your politics on it

Saptak Datta -
From Gabriel Batistuta's machine-gun routine to Robbie Keane's finger-gun salute, guns aren't foreign to goal celebrations. Backlash against Iran’s Mohammad Mohebi is excessive.

ICAI to onboard 25 CA firms under PM Internship Scheme, targets 2,000 interns by year-end

Udit Bubna -
ICAI plans to engage medium and large CA firms under the PMIS, with interns likely to start joining next month. The ICAI can later open it up for everyone.

India, US, Siberia, Pakistan: 5 crashes in 3 days underline military aviation risks

Anmol Kapil -
In India, the crash involving the AN-32 transport aircraft marked the fourth major incident involving a military aircraft since the beginning of this year.

Five challenges await Modi. First, he must shake off the past and Nehru

Shekhar Gupta -
It’s a perfectly reasonable presumption that Modi will be around for a significant enough time for us to reflect on the challenges that lie ahead. I will list five.