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The global financial circles are agog with speculation about the prospects of the US government defaulting on its payments. This is because the two major parties in America have so far failed to agree on raising the ceiling of US government borrowing.

The leaders of the QUAD group—Australia, India, Japan and the United States—who had gathered in Hiroshima for a Group of 7 summit, delivered a thinly veiled swipe at Beijing’s behaviour at a summit in Hiroshima on Saturday (May 20, 2023).

Nobody can put a knife to the Congress party’s throat and compel it to stand with the Aam Aadmi Party against the Modi government’s ordinance which returned control of “services” – postings and transfers – to the Lt. Governor after a couple of days of celebrations over the Supreme Court verdict that gave the AAP government control over everything except land, police and public order. Last heard Rahul Gandhi’s party hadn’t yet decided to join hands with AAP and fight the ordinance.

Dame Luck smiles at every Party at a particular moment. The 137-year Grand Old Congress Party, which has seen many ups and downs, is no exception. Winning a prosperous and significant Karnataka recently gave Congress that golden moment. If Congress wants to revive itself, it can't sit on the laurels of recent triumph.

How many of us were aware of the President of the Wrestling Federation of India before the name resounded in ugly resonance from Jantar Mantar in New Delhi? Hardly any beyond maybe 10 lakhs, 20-30-40-50 lakhs, perhaps one-two crores – the sort of people who vote for candidates in assembly and parliamentary elections regardless of the candidates’ credentials, good or bad – even those with horrible criminal records.

Demonetisation was not an economic move instead it had a political dimension tossed by a politician which had the worst nature of economic consequences. If it would have been conceived and designed by one or a group of economists, it would have had the element of constructive nature.

Cracks are discernible in BJP's West Bengal unit. After a communication gap between the leadership and the rank and file has been voiced by the party's national vice-president Dilip Ghosh, it cannot be dismissed as a canard of Trinamool Congress or Left.

LUCKNOW: The absence of Samajwadi Party President and former chief minister of Uttar Pradesh Akhilesh Yadav at the oath-ceremony of Chief Minister Siddaramaiah at Bengaluru on Saturday has exposed sharp differences between Samajwadi Party and Congress. Despite being invited at the oath ceremony, Samajwadi Party national president Akhilesh Yadav conveyed that he would not attend the function due to prior commitments.

Greece Prime Minister Kyriakos Mitsotakis won the national elections in Greece on Sunday comfortably after his New Democracy Party secured 40.79 per cent votes with 146 seats in the new Parliament consisting of 300 seats. The PM who played a role in the economic recovery of Greece in the last two years, is in a position to form the new government by taking help of some other party since he only needs five seats for majority, but at the same time, he can call for another elections to ensure the majority of his own party so that he has no need to depend on any other party.

BJP has swept mayoral election in Uttar Pradesh by winning all 17 seats, which has heightened the morale and aspirations of Chief Minister Yogi Aditya Nath and the party’s rank and file who are now aiming at winning all the 80 Lok Sabha seats from the state in 2024 general elections. It is only one part of the political game under which lies the great difficulties which needs careful attention of the BJP leadership, or else they would be playing a losing game. BJP would have to ensure that political parties in opposition remain divided.