'100 days of Trump admin show positive trend for Indo-US ties'

April 29, 2017

Washington, Apr 29: The first hundred days of the Trump administration have shown a positive trend for the Indo-US relationship and the upward trajectory of ties was expected to continue with bipartisan support for it, a former top Indian diplomat has said. On the eve of US President Donald Trump completing 100 days in office, former Indian Ambassador to the US Arun Singh said the Indo–US relationship during this period has broadly proceeded along expected lines.

modi trump

"As the engagement of the past hundred days has shown, India is clearly seen as an important interlocutor, with some convergence of interest, and potential for an even stronger mutually beneficial partnership," he told PTI. Beginning in the last phase of the Bush administration and almost all but two years of the Obama administration, Singh was a key player in driving the Indo-US relationship in the last one decade.

During the campaign, President Trump had spoken positively about India and expressed support for consolidating the Indo-US relationship further. Trump has spoken several times on phone with Prime Minister Modi, Singh said. India's National Security Adviser Ajit Doval and Foreign Secretary S Jaishankar have had consultations with senior US officials during their visits this year, he noted. US National Security Adviser Lt Gen H R McMaster recently visited India and also called on the Prime Minister.

Finance Minister Arun Jaitley met with US Treasury and Commerce Secretaries earlier this month in Washington, Singh said, referring to the high-level bilateral visits. "We can expect the positive trajectory to continue since there is now bipartisan support in the US for the relationship," Singh said. At the same time, he said acknowledged that there will "no doubt" be some areas of concern. "The eventual US decision on H-1B visas will have consequences for our technology workers and companies. Reduction in US tax rates, if realised, could draw capital into the US and away from other countries," he warned.

"Large US deficit, on account of tax reduction and infrastructure spending, could raise interest rates globally, which would also have consequences for India," the former Indian diplomat said. Responding to a question on Trump's foreign policy in the first 100 days of his administration, Singh, who retired from the foreign service late last year, said 100 days is perhaps too short, and certainly an artificial, 24/7 news cycle driven timeline, to assess the enduring and defining parameters of the foreign policy of any new administration.

"This initial phase is also usually marked by tension between the compulsions ofproposals made during the campaign aimed at rousing the base and getting out the vote, and the constraints subsequently imposed by limits of power and realisation of larger consequences," he said. These hundred days have thus seen the fulfilment of some campaign promises, reversals on others, and several critical issues still being evaluated, Singh noted. Trump was sworn in as the 45th President of the United States on January 20 and completes hundred days in office today.

"As promised in the campaign, President Trump has taken the US out of TPP (Trans Pacific Partnership), convinced Canada and Mexico to agree to a renegotiation of NAFTA (North America Free Trade Agreement), and initiated the process of potential action against steel and aluminium imports into the US. There has also been some focus on dealing with ISIS," Singh said.

On the other hand, unlike the pre-election threats, China has not been declared a currency manipulator, no additional tariffs have been imposed on imports from China, and Chinese President Xi Jinping was lavishly welcomed in April at what is now being described as the 'southern White House' at Mar-a- Lago in Florida, he noted.

"The two agreed to come up with a 100-day plan to address the major trade imbalance. China is also being described as an important interlocutor for addressing the North Korean nuclear and missile challenge," he said. On April 6, Trump authorised missile strikes on a Syrian airbase, using Presidential prerogative under the US Constitution.

"Earlier he had repeatedly called upon his predecessor not to do so, and to consult US Congress before any such action," Singh said. Relations with Russia have not been improved, he observed, adding that attempts to do so immediately have become controversial in view of the raging controversy about alleged Russian intervention in the US elections to benefit Trump.

"This will now be further complicated by the missile strikes in an area where Russian forces were also present, although Russia had been given some prior notice," he said. "President Trump has, similarly, now spoken of strongly supporting NATO, which he had earlier described as obsolete. He has now referred to sharing vital security interests with allies, while continuing to complain about alliance commitments, and asking allies to contribute more," the former Indian Ambassador said. During his illustrious foreign service career, Singh also served as India's ambassador to Israel and France apart from the US.

He said, on Afghanistan, policy options were being studied by the Trump administration. US National Security Adviser had recently visited Afghanistan, Pakistan and India for discussions, Singh said, noting that the outcome of the current more strident approach to North Korea remains to be seen.

"The Administration is also constrained at the moment because a large number of posts in the Departments of State and Defence, as well as in the National Security Council, still remain to be filled," he said.

The decision making process has so far been White House centric, and the attempt has been to project a robust, muscular approach based on America's strengths, including military, and less on projection of 'American values' or 'soft power', he opined.

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Agencies
June 7,2020

Moscow, Jun 7: OPEC, Russia and allies agreed on Saturday to extend record oil production cuts until the end of July, prolonging a deal that has helped crude prices double in the past two months by withdrawing almost 10% of global supplies from the market.

The group, known as OPEC+, also demanded countries such as Nigeria and Iraq, which exceeded production quotas in May and June, compensate with extra cuts in July to September.

OPEC+ had initially agreed in April that it would cut supply by 9.7 million barrels per day (bpd) during May-June to prop up prices that collapsed due to the coronavirus crisis. Those cuts were due to taper to 7.7 million bpd from July to December.

“Demand is returning as big oil-consuming economies emerge from pandemic lockdown. But we are not out of the woods yet and challenges ahead remain,” Saudi Energy Minister Prince Abdulaziz bin Salman told the video conference of OPEC+ ministers.

Benchmark Brent crude climbed to a three-month high on Friday above $42 a barrel, after diving below $20 in April. Prices still remain a third lower than at the end of 2019.

“Prices can be expected to be strong from Monday, keeping their $40 plus levels,” said Bjornar Tonhaugen from Rystad Energy.

Saudi Arabia, OPEC’s de facto leader, and Russia have to perform a balancing act of pushing up oil prices to meet their budget needs while not driving them much above $50 a barrel to avoid encouraging a resurgence of rival U.S. shale production.

It was not immediately clear whether Saudi Arabia, the United Arab Emirates and Kuwait would extend beyond June their additional, voluntary cuts of 1.18 million bpd, which are not part of the deal.

BULGING INVENTORIES

The April deal was agreed under pressure from U.S. President Donald Trump, who wants to avoid U.S. oil industry bankruptcies.

Trump, who previously threatened to pull U.S. troops out of Saudi Arabia if Riyadh did not act, spoke to the Russian and Saudi leaders before Saturday’s talks, saying he was happy with the price recovery.

While oil prices have partially recovered, they are still well below the costs of most U.S. shale producers. Shutdowns, layoffs and cost cutting continue across the United States.

“I applaud OPEC-plus for reaching an important agreement today which comes at a pivotal time as oil demand continues to recover and economies reopen around the world,” U.S. Energy Secretary Dan Brouillette wrote on Twitter after the extension.

As global lockdowns ease, oil demand is expected to exceed supply sometime in July but OPEC has yet to clear 1 billion barrels of excess oil inventories accumulated since March.

Rystad’s Tonhaugen said Saturday’s decisions would help OPEC reduce inventories at a rate of 3 million to 4 million bpd in July-August. “The quicker stocks fall, the higher prices will get,” he said.

Nigeria’s petroleum ministry said Abuja backed the idea of compensating for its excessive output in May and June.

Iraq, with one of the worst compliance rates in May, agreed to extra cuts although it was not clear how Baghdad would reach agreement with oil majors on curbing Iraqi output.

Iraq produced 520,000 bpd above its quota in May, while overproduction by Nigeria was 120,000 bpd, Angola’s was 130,000 bpd, Kazakhstan’s was 180,000 bpd and Russia’s was 100,000 bpd, OPEC+ data showed.

OPEC+’s joint ministerial monitoring committee, known as the JMMC, will meet monthly until December to review the market, compliance and recommend levels of cuts. JMMC’s next meeting is scheduled for June 18.

OPEC and OPEC+ will hold their next scheduled meetings on Nov. 30-Dec. 1.

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News Network
April 8,2020

Washington, Apr 8: President Donald Trump has threatened to put a "very powerful" hold on US' funding to the World Health Organization, accusing the UN agency of being "very China centric" and criticising it for having "missed the call" in its response to the coronavirus pandemic.

Trump slammed the global health agency for its early guidance aimed at countering the international spread of the coronavirus.

"We're going to put a hold on money spent to the WHO. We're going to put a very powerful hold on it and we're going to see. It's a great thing if it works. But when they call every shot wrong, that's no good," Trump told reporters at his daily White House news conference on Tuesday.

The Geneva-headquartered World Health Organization (WHO), receives vast amounts of money from the United States.

"We pay for a majority or the biggest portion of their money. They actually criticized and disagreed with my travel ban at the time I did it. They were wrong. They've been wrong about a lot of things. They had a lot of information early and they didn't want to - they're very - they seem to be very China centric," Trump said.

The president said his administration was going to look into the US funding to the WHO.

"We give a majority of the money that they get, and it's much more than the USD 58 million. USD 58 million is a small portion of what they've got over the years. Sometimes they get much more than that. Sometimes it's for programs that they're doing, and-it's much bigger numbers. If the programmes are good, that's great as far as we're concerned," he said.

"But we want to look into it, WHO, because they called it wrong. They (WHO) called it wrong. They missed the call. They could've called it months earlier. They would have known and they should have known and they probably did know. So, we'll be looking into that very carefully, and we're going to put a hold on money spent to the WHO," Trump said.

Meanwhile, Senator Jim Risch, chairman of Senate Foreign Relations Committee, called for an independent investigation into the WHO's handling of the COVID-19 response.

"The WHO has failed not only the American people, it has failed the world with its flagrant mishandling of the response to COVID-19," said Risch.

WHO Director general Tedros Adhanom Ghebreyesus' apparent unwillingness to hold the Chinese Communist Party to even the minimum standard of global health and transparency hindered the world's ability to blunt the spread of this pandemic, he said.

"It is completely unacceptable that the world's global health organization has become a political puppet of the Chinese government," he alleged, adding that "an independent investigation into the WHO's handling of the COVID-19 response is imperative."

The United States is the largest contributor to the WHO.

"Our valuable tax payer dollars should go towards investments to prevent the spread of disease, not to aid and abet cover-ups that cost lives and isolate portions of the world's population on political grounds, as has been the case with Taiwan," Senator Risch said.

A bipartisan group of nearly two dozen lawmakers announced Tuesday to introduce a resolution to defund the WHO until Ghebreyesus resigns and an international commission investigates the organisation's role in covering up the Chinese Communist Party's failed COVID-19 response.

"The WHO helped the Chinese Communist Party hide the threat of COVID-19 from the world and now more than 10,000 Americans are dead, a number that is expected to rise dramatically in the coming weeks," Congressman Guy Reschenthaler alleged.

"The United States is the largest contributor to WHO. It is not right that Americans' hard-earned tax dollars are being used to propagate China's lies and hide information that could have saved lives. This bill will hold the WHO accountable for their negligence and deceit," he asserted.

The United States' intelligence community has reported that the Chinese government hid the threat of COVID-19 and, as a result, made it difficult for the rest of the world to respond early, appropriately and aggressively, said Congressman Fred Keller.

"For reasons beyond understanding, the WHO acted as a silent partner in this effort instead of protecting the lives of millions across the world, including hundreds of thousands of American citizens. Our hard-earned tax dollars should not go to a global organization more concerned with not offending the Chinese government than providing accurate information and protecting innocent lives," Keller said.

Senator Marco Rubio accused the Chinese Communist Party of using WHO "to mislead the world."

"The organisation's leadership is either complicit or dangerously incompetent. I will work with the Trump Administration to ensure that WHO is independent and has not been compromised by the CCP before we continue our current funding, he added.

According to Johns Hopkins University, there are over 1.43 million confirmed coronavirus cases across the world and over 82,000 people have died due to the disease. The US has nearly 400,000 infections, the highest in the world.

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News Network
June 13,2020

Paris, Jun 13: The coronavirus pandemic has killed 425,000 people since it emerged in China late last year, according to an AFP tally of official sources at 0130 GMT on Saturday.

A total of 425,282 deaths have now been recorded from 7,632,517 cases.

Europe has registered 186,843 deaths from 2,363,538 cases, but the epidemic is progressing most rapidly in Latin America, where there have been a total of 76,343 deaths recorded from 1,569,938 cases.

The United States remains the country with the most recorded deaths at 114,643, ahead of Brazil which on Friday became the second worst-hit nation with 41,828 deaths. Britain is next with 41,481 deaths, followed by Italy (34,223) and France (29,374).

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