Author Archives: barbouroppenhimer

Treat Chinese firms fairly, Beijing tells India after Xiaomi’s threat claim

Link to article: https://www.reuters.com/business/media-telecom/stop-regulatory-assault-chinese-firms-global-times-tells-india-after-xiaomi-2022-05-09/ On Monday, China warned India not to discriminate nor threaten their companies operating in India. This comes after allegations from Xiaomi Corp. that claimed executives there received threats of violence during questioning over alleged illegal remittances. Xiaomi is the largest smartphone seller in India. India’s Enforcement Directorate called these allegations about violent threats false. In late… Read more »

Sri Lanka protesters call for new government a day after clashes kill eight

Link to article: https://www.reuters.com/world/asia-pacific/sri-lankas-colombo-calm-after-clashes-that-killed-five-2022-05-10/ In the midst of Sri Lanka’s worst economic crisis in history, clashes have claimed the lives of eight people. The Sri Lankan Prime Minister, the President’s brother, resigned as a result of the deaths. The economic crisis is being exacerbated by a severe shortage of foreign exchange, preventing large amounts of essential imports from entering the… Read more »

Twin blasts kill at least nine in northern Afghanistan

Link to article: https://www.aljazeera.com/news/2022/4/28/blasts-on-two-vehicles-in-northern-afghanistan-kills-at-least-9 Two explosions killed nine people and injured thirteen in northern Afghanistan today. The targets of the blasts were Shia Muslims who were targeted by ISIS to cause discord. This is just one attack of a series that has occurred recently. Dozens of people have been killed at various mosque bombings recently with the victims being Shias… Read more »

India sweats over worst power cuts in six years during extreme heat

Link to article: https://www.reuters.com/world/india/indian-heat-wave-disrupts-industrial-activity-power-demand-soars-2022-04-28/ India is in the midst of its worst electricity shortage in over six years at the same time as a brutal heat wave is sweeping South Asia. March was India’s hottest on record, causing their Prime Minister to warn of increasing danger of fires. Temperatures in the capital, New Delhi, have been above 104 Fahrenheit for… Read more »

Britain and India aim for free trade deal by October, says Johnson

Link to article: https://www.reuters.com/world/india/uks-johnson-offer-india-help-build-its-own-fighter-jets-2022-04-21/ Boris Johnson, the UK Prime Minister, visited the Indian capital of New Delhi on Friday to talk with the Indian Prime Minister, Narendra Modi, about strengthening security ties between the two countries. India buys more than half of its military hardware from Russia. There is no bad blood over India’s lack of condemnation of Russia’s Ukraine… Read more »