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NEW FRENCH PRIME MINISTER FRANCIS BAYROU IS FACING THE SAME FATE AS MICHAEL BARNIER

INTERPLAY OF POLITICAL PARTIES IN PARLIAMENT MAKES IT DIFFICULT FOR CENTRIST PM TO PASS BUDGET
Tirthankar Mitra - 2024-12-19 10:58
France is struggling with political gridlock, economic uncertainty and public discontent. The new prime minister, Francis Bayrou has to run an obstacle race in this scenario. Bayrou is a seasoned centrist with decades of political experience. It is pragmatic on the part of President Emanuel Macron choosing him to negotiate a political minefield. The ability of the new prime minister to negotiate a fractured parliament is likely to define his period in office. It would be a pointer to Macron's legacy too.

TWIN BILLS FOR ONE NATION ONE ELECTION MUST BE EXAMINED FOR POTENTIAL RISKS

TOO MUCH CENTRALISATION PUTS FEDERAL STRUCTURE AND DEMOCRACY UNDER STRAIN
Dr. Gyan Pathak - 2024-12-18 11:54
The twin bills introduced in the Lok Sabah on December 17 seeking ‘one nation and one election’ – ie simultaneous elections to the Lok Sabha and Vidhan Sabhas of the States and Union Territories –contains provisions of too much centralization of the governance in India that has potential risks of making irreparable damage to the federal structure of the country and ultimately to democracy.

INDIA LEADS CENTRAL BANK BUYING OF GOLD IN WHAT IS SEEN AS A STRATEGIC MOVE

THIS YEAR PRECIOUS METAL POSTED ITS BEST PERFORMANCE IN MORE THAN A DECADE
K Raveendran - 2024-12-18 11:51
The Reserve Bank of India has accounted for nearly half of all gold purchases by central bank in October this year. According to the World Gold Council, RBI bought 48 percent of all the gold that the central banks bought that month, adding a whopping 27 tonne to its gold reserves, taking the total tonnage to 882. That gold buying by all central banks totalled only 60 tonne in October shows a certain strategy by the Indian central bank.

ISRAEL AND HAMAS NEARING AN AGREEMENT ON CEASEFIRE BY CHRISTMAS

TRUMP’S WARNING TO NETANYAHU AND ASSAD’S OUSTER PRECIPITATED THE PROCESS
Satyaki Chakraborty - 2024-12-18 11:47
After months of deadlock, Israel and Hamas appear to be moving closer to a ceasefire 14 months into Israel’s invasion of Gaza. So far 45,000 Palestinians have been killed in the war that began on October 7 last year. Earlier also reports came out about possible truce but this did not take place. This time, under the changed political environment, Donald Trump taking over the U.S. President on January 20 and the Syrian President Assad ousted as the President, both sides are trying to arrive at an early agreement to end the war.

SYRIA DEVELOPMENTS MIGHT GIVE KURDS NEW OPPORTUNITY TO BOUNCE BACK

EXTREMIST OUTFITISIS CONTINUES TO REMAIN BIGGEST THREAT TO ME REGION
Manish Rai - 2024-12-18 11:45
Shoresh Ismail Abdulla is the Minister of Peshmerga affairs in the Kurdistan Regional Government (KRG). The Peshmergas are the military forces of the Kurdistan Regional Government (KRG) and one of the most capable forces in the region, which pushed back ISIS from its strongholds. Currently, Peshmerga is also playing a vital role in counter-terror operations against ISIS. In an interview, Abdulla speaks about the reemergence of ISIS in the context of developments in Syria, planned reforms of Peshmerga, and expectations from the incoming United States administration of President-Elect Donald Trump.

LEADER OF THE OPPOSITION SUVENDU ADHIKARI’S FORTUNES ARE ON DECLINE

BJP CENTRAL LEADERS MAY LOOK FOR NEW FACE IN WEST BENGAL BEFORE 2026 POLLS
Tirthankar Mitra - 2024-12-18 11:42
KOLKATA: A fountainhead of criticism and opposition to Trinamool Congress (TMC) supremo, Mamata Banerjee leader of the Opposition in West Bengal Assembly, Suvendu Adhikari is on a backfoot. And to make matters worse, it is in his own backyard Contai where the state's ruling dispensation’s most trenchant critic finds himself with his back to the wall.

CAN BERNIE SANDERS AND ELON MUSK JOINTLY BRING DOWN U.S. MILITARY BUDGET?

LEFTWING SENATOR IS FINDING SOME COMMON GROUND WITH THE TESLA CEO
Nitya Chakraborty - 2024-12-17 12:03
Leftwing Democratic senator Bernie Sanders is a veteran self proclaimed socialist who has been consistently fighting for drastic cut in the budget of the U.S. military since his election as a young senator from Vermont decades ago. In the November elections, he won his seat for the fourth time for another six year term. The maverick senator has all through opposing the high allocations of the US funds to the war efforts supporting Israel and Ukraine. However, all his efforts failed and the massive funds inflows continued.

UNBRIDLED IMPORT OF GOLD WIDENS TRADE DEFICIT TO A RECORD HIGH

RUPEE IS NOW MORE VULNERABLE FALLING TO A RECORD LOW
Dr. Gyan Pathak - 2024-12-17 11:58
One of the rationales brought forward by the Union Government of India for its pro-gold policy measures in the Budget 2024-25 was to address the vulnerabilities of the Indian Rupee, but today on December 17, 2024 it fell to a record low of Rs 84.93 per dollar in the morning trade. Another reason given that the gold would become more affordable, but its rate reached a record high of Rs 77,600 per 10 gram. Moreover, import of gold soared over four times widening the trade deficit to a record high at $37.9 billion in November.

MAIN POLITICAL PARTY BNP IS IN A CONFRONTATION MOOD WITH DR. MOHAMMAD YUNUS

BANGLADESH INTERIM HEAD IS BEING INFLUENCED MORE BY JAMAAT THAN STUDENTS
Ashis Biswas - 2024-12-17 11:55
KOLKATA: Current Chief Adviser to the Bangladesh Caretaker Government, Dr Mohammad Yunus as a Nobel-winning economist, is known to have many friends in high places, starting from Mrs Hilary Clinton. Unfortunately, he has not yet succeeded in influencing too many people in Bangladesh on present indications, four months after taking over in his new job as the top policymaker.

DOCTORS AROUND THE WORLD WARN OF CATASTROPHIC SITUATION

CALL FOR A RESOUNDING VOICE TO END WARS AND PROMOTE HEALTH
Dr Arun Mitra - 2024-12-17 11:52
The ongoing wars in different parts of the world is a cause of serious concern. The recent Russia Ukraine war which began on 24th February 2022 is not coming to an end. The consequences are dire for civilians as well. According to a recent statement by Ukraine President Volodymyr Zelensky some 43,000 Ukrainian soldiers have been killed and 370,000 injuries had been reported. According to United Nations Human Rights Council (UNHRC) nearly 4 million people have been driven from their homes and are internally displaced and 6.8 million people have crossed into neighbouring countries in the region including Poland, Hungary, Moldova or other countries globally. Nearly 20 million people now require urgent humanitarian aid, many facing life-threatening shortages of essential medicines and food.