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Economist Swaminathan Aiyar believes Donald Trump will yield in US-China trade disputes. However, a new cold war is emerging globally. Countries must now focus on security and self-reliance. India needs to increase defense spending and use its economic leverage wisely. Global alignments are hardening, making it difficult for India to play powers against each other.
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Homelessness charity St Martins Trust says the year-on-year rise in deaths is "unforgivable".
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America's new import tariffs are hitting U.S. businesses and shoppers hard. Contrary to President Trump's claims, foreign nations are not paying the price. Early signs show American firms absorbing costs and passing some to consumers. This situation complicates the Federal Reserve's efforts to control inflation. More price hikes are expected as companies adjust to the new trade regime.
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News and Media
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