POLITICAL CRISIS
Omar Abdullah faces internal dissent as NC MLAs raise concerns over leadership
National Conference is experiencing internal dissent following the resignation of Aga Ruhullah as Srinagar MP. Some MLAs are questioning Chief Minister Omar Abdullah's leadership due to his close aides' influence. Party president Farooq Abdullah has intervened to address the discontent among legislators expressing trust issues. The recent electoral performance has made it difficult for the leadership to acknowledge growing disappointment.
COP31 a 'moment of truth': UN chief Guterres urges world leaders to act now on climate change
António Guterres has urged global leaders to take immediate action against climate change ahead of the COP31 summit. He emphasizes that responsibility should not be shifted and that everyone must commit to change now. Guterres highlights the worsening impact of climate disasters and the interplay between climate change and other global challenges. Additionally, he believes that fossil fuel companies should contribute by being taxed on their profits.
Paraguay's ousted president faces prosecutors after his removal over bank collapse
Santiago Pena was removed from office by Congress following a bank failure affecting nearly three million customers. Prosecutors ordered his arrest for alleged breach of trust and other offenses related to Ueno Bank's collapse. His successor, Vice President Pedro Alliana, began forming a new Cabinet to address the situation. Public protests demanding accountability and access to frozen funds escalated significantly in response.
Israel's president offers Benjamin Netanyahu's rival Gadi Eisenkot opportunity to form new government
Israel President Isaac Herzog has tasked opposition leader Gadi Eisenkot with the first opportunity to form a government after the October 27 elections, bringing him closer to potentially unseating long-serving Prime Minister Benjamin Netanyahu. Eisenkot has six weeks to secure a parliamentary majority, but coalition talks face major hurdles, including divisions over Arab-led parties, religious factions and Netanyahu's political allies.
NC faces internal dissent as MLAs question Omar Abdullah's leadership
National Conference faces internal dissent with MLAs expressing concerns regarding Chief Minister Omar Abdullah's leadership style. The resignation of Aga Ruhullah as Srinagar MP has intensified these grievances among party members. Farooq Abdullah, the party president, has intervened to mediate the situation and address the dissident legislators' demands. Resentment over recent appointments, particularly that of Nasir Aslam Wani, is also contributing to the unrest.
India-born Nithya Raman to take charge in LA amid homeless crisis, political division
Nithya Raman, an India-born democratic socialist, has been elected the new mayor of Los Angeles. She faces significant challenges, including homelessness, housing costs, and public safety issues. Raman ran as an outsider without endorsements from her colleagues and against a wounded incumbent. Her leadership will be scrutinized as she assesses city problems and works with a divided City Hall.
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Mirwaiz disallowed to address congregation at Jama Masjid in Kashmir for second consecutive Friday
Mirwaiz Umar Farooq faced restrictions that prevented him from addressing the Friday congregation at Jama Masjid. His house detention has persisted for nearly a week, enforced by police deployment and barricades. Authorities have restricted access to him, denying visits from others during this period. These measures follow his previous sermon referencing a report on civil liberties and political engagements.
Ousted Paraguayan President Santiago Pena placed under house arrest after bank collapse; Pedro Alliana sworn in as sudden successor
Santiago Pena, the ousted President of Paraguay, was placed under house arrest on charges of misconduct. His removal follows the collapse of Ueno Bank, affecting nearly half of Paraguay's population. Vice President Pedro Alliana has assumed presidency amidst public outcry for accountability. Regulators seized Ueno Bank, locking depositors out of their accounts and triggering a political crisis. Lawmakers allege Pena abused his political influence regarding Ueno's operations and regulatory oversight.
House of Trump falling? Vance, Hegseth at centre of rupture talks as Iran war backlash rages
Donald Trump’s crushing midterm defeat has exposed growing fault lines inside his administration, with the Iran war turning from a military campaign into a political liability. Vice-President JD Vance has openly blamed the conflict for the Republican loss, while Secretary of State Marco Rubio has been drawn into reports about a possible exit—claims he and the White House deny. The biggest battle is unfolding around Defence Secretary Pete Hegseth, who faces renewed impeachment calls and investigations once Democrats take control of Congress.
Congress pursuing a politics of corruption, communalism and conflict: Union minister Sarbananda Sonowal
Sarbananda Sonowal criticized the Congress party and its allies for their politics of corruption and discord. He emphasized the importance of accurate voter rolls and the need to safeguard national security against illegal immigration. Sonowal highlighted the Modi government's achievements in infrastructure and connectivity in the Northeast, positioning it as vital for national development.
FIFA council member Kohzo Tashima to run against Gianni Infantino in election, Japanese media report
FIFA council member Kohzo Tashima - a colleague of Infantino for nearly 11 years - intends to run for president against the incumbent, Japanese media reported on Thursday after a meeting of the national soccer federation.
Congress and AAP escalate war of words ahead of Punjab polls as Rahul Gandhi’s remark on Bhagwant Mann draws counter-attack
Ahead of the Punjab Assembly elections, the Congress and Aam Aadmi Party are trading personal attacks. Chief Minister Bhagwant Mann has been subjected to alcohol-related jibes from Congress leader Rahul Gandhi during campaigning. Gandhi accused the AAP of failing to tackle drug issues in Punjab while asserting that control lies with Delhi. Both parties continue to criticize each other as they prepare for the upcoming elections.
Uday Kotak says $700 bn outstanding FII payments will boost market, sees AI worries driving flows to India
Veteran banker Uday Kotak expects India to benefit from a potential reversal in global investment flows as concerns over excessive AI spending weigh on US markets. He highlighted $700 billion in outstanding foreign portfolio investments, flagged the possibility of further RBI rate hikes and advised investors to focus on quality stocks and medium-term strategies.
Amish Shah claims victory in Arizona congressional seat, 6th Indian-American in US House; becomes first from community to represent state
Amish Shah defeated Republican Jay Feely to become Arizona's first Indian-American congressman. He won 52.49 per cent of the vote in a competitive election. Before Congress, Shah served three terms in the Arizona House of Representatives, focusing on healthcare and public safety. His campaign emphasised lowering healthcare costs and protecting voting rights for all citizens.
Iranian officials say midterm results show US voters have rejected Trump's war
Concerns about the war's effects, particularly frustration over rising prices for fuel and other goods in the U.S., helped Democrats win control of both chambers of Congress in Tuesday's vote.
Abdul El-Sayed becomes the first-ever Muslim elected to US Senate after defeating Mike Rogers; trolls JD Vance, Trump with ‘Habibi’ jibe in victory speech
Making waves in American politics, Abdul El-Sayed has become the first Muslim to be elected to the US Senate from Michigan, triumphing over Republican Mike Rogers with a solid 51% of the voter support. Celebrated for his progressive stance, El-Sayed garnered endorsements from influential leftist leaders. In his engaging victory speech, he delivered humorous remarks directed at Vice President JD Vance and President Trump.
Warren Buffett has lived through 16 US Presidents. Why he ignores election impact on markets
Warren Buffett believes investors should not let political uncertainty or election outcomes dictate their market decisions. Speaking at Berkshire Hathaway’s 2018 shareholder meeting, he recalled living through multiple US presidencies, split almost equally between Republicans and Democrats, while witnessing major political and economic crises.
All hands on the deck: Next few months, govt faces a test of political will to take hard economic calls
India is likely to face a host of economic and political pressures due to upcoming elections and external geopolitical factors. Balancing relationships with Iran, the UAE, Saudi Arabia and Israel will be crucial for India's energy security. Political and economic manoeuvres may become necessary to address rising crude oil prices and currency pressures.
Tehran's negotiators leave Doha with no breakthrough in talks
Amid fears the conflict could reignite after Tuesday's midterm elections in the United States, China and Russia both spoke out on Monday against the possibility of renewed military action in a war that has hit the global economy.
National Conference faces internal strife in Jammu and Kashmir, MLAs swore to cleanse the party
Around 20 National Conference (NC) MLAs are seeking changes in the party structure and the removal of some office-bearers, triggering an internal crisis following Chief Minister Omar Abdullah’s recent cabinet expansion. Senior MLA Abdul Majid Larmi said the party needs a “cleansing process” to remove people who have “hijacked” it, adding that the move is aimed at strengthening the organisation and is not a rebellion.
Manipur tensions flare after killing of three Kuki-Zo volunteers; rallies demand peace, SoO pact abrogation
Fresh tensions have emerged in Manipur after three Kuki-Zo village volunteers were killed in Noney district, with the Kuki Inpi Manipur accusing NSCN-IM and ZUF(K) cadres of carrying out the attack. Meanwhile, rallies in Imphal and Senapati called for lasting peace, rehabilitation of displaced people and scrapping of the Suspension of Operations agreement.
Institutions need fixing to restore young people's faith in democracy
Across multiple nations, demonstrations are erupting as young individuals grapple with fears for their future and a perception of neglect. This unrest signals a wider democratic crisis rooted in disillusionment with institutions. Anton Jager, a political scientist, explores the effects of hyperpolitics on democratic engagement. In response, governments are called to revitalize public services and forge a new social contract that aligns with the needs and expectations of citizens.
Mirwaiz Umar Farooq calls for dialogue, justice, reconciliation, hails International Crisis Group report on Jammu and Kashmir
Mirwaiz Umar Farooq emphasized the need for civil liberties and reconciliation in Jammu and Kashmir. He pointed out that while violence has decreased, political grievances remain unaddressed. Farooq urged the release of political prisoners and meaningful government engagement. He called attention to alarming figures related to arrests and detentions since 2019 and their impact. The report advocates for restoring statehood and dialogue between India and Pakistan to build trust.
Israel election results leave Netanyahu in limbo, with Arab parties holding the deciding votes
Israel’s election has left Prime Minister Benjamin Netanyahu without a clear path to a governing majority, with his bloc winning 53 seats against 48 for Gadi Eisenkot’s opposition and Arab-led parties holding the remaining 19. The result makes Arab parties potentially decisive in coalition talks, even as Likud alleges without evidence that the vote was “stolen” and authorities investigate separate claims of possible foreign interference.
Christine Lagarde: The outsider who led the European Central Bank her way
Christine Lagarde's early departure as European Central Bank president marks the end of a seven-year tenure shaped by the Covid-19 pandemic, energy shocks and record inflation. Despite initial doubts over her lack of formal economics training, Lagarde helped steer the ECB through major crises. However, her decision to leave before her term ends has sparked criticism over political interference and raised questions about the institution's independence.
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