Senior U.S. officials on Tuesday pledged sustained support for India in helping it deal with the world’s worst current surge of COVID-19 infections, warning the country is still at the “front end” of the crisis and overcoming it will take some time. The White House’s National Security Council coordinator for the Indo-Pacific, Kurt Campbell, told a virtual event on the U.S. assistance that President Joe Biden had told Indian Prime Minister Narendra Modi on a phone call on Monday: “You let me know what you need and we will do it.” Campbell said at the event, organized by the U.S.-India Business Council and U.S. Chamber of Commerce Foundation, that Washington was committed to helping the world’s second most populous country get to grips with the crisis. “We all have to realize that this is no...
Arianna O’Dell, a 30-year-old entrepreneur and songwriter based in New York City, had a tumultuous four-year journey in cryptocurrency before selling her investments in February. During her rollercoaster ride, bitcoin prices swung from less than $1,000 to nearly $20,000. O’Dell may not have made optimal decisions about when to buy or sell, and missed out on the recent rally – but said she does not regret that. Investing $2,705 worth of proceeds into her business was better than enduring the stress of daily fluctuations, even though the price has since doubled, she said. “Honestly, I’ve had more luck in Vegas than I’ve had with cryptocurrencies,” O’Dell said in an interview. She is part of a relatively new class of retail investors who joined the cryptocurrency market years ago, helping pro...
Beijing lashed out at India on Wednesday after it banned another tranche of Chinese apps for national security reasons, the latest sore point between the two nuclear-armed neighbours. Tensions remain high between Beijing and New Delhi after a deadly June clash in a disputed border area that left 20 Indian soldiers dead and an unspecified number of Chinese casualties. India banned 43 Chinese apps on Tuesday — including some from e-commerce giant Alibaba — for threatening “sovereignty and integrity”. China said it had “serious concerns” about the move and India’s “so-called pretext of upholding national security”. “The relevant methods clearly violate market principles and WTO guidelines, and severely harm Chinese companies’ legal rights and interests,” said foreign ministry spokesman Zhao L...
Three Indian soldiers and three suspected rebels were killed in fighting near the de facto Kashmir border with Pakistan, the army said Sunday, in the deadliest clash to hit the contested region in months. The fighting began early Sunday after soldiers detected “suspicious” movements in the northern forested Machil area near a military fence that marks the de facto border known as the Line of Control (LoC), Colonel Rajesh Kalia said. One Indian border guard and one suspected militants were killed in an initial exchange of gunfire before more troops were “rushed to the area”, he said in a statement. Two more soldiers and two more suspected rebels were later killed while two other injured troops were taken to hospital, Kalia added. The clash was the deadliest since April when nine suspected m...