After Donald Trump Tweets "No More", US Blocks $255 Million Military Aid To Pak

Agencies
January 2, 2018

Washington, Jan 2:  The United States has suspended its 255 million dollars military aid to Pakistan for now, the White House has confirmed, saying the fate of such assistance will depend on Islamabad's response to terrorism on its soil.

The confirmation comes on the same day when US President Donald Trump accused Pakistan of giving nothing to the US but "lies and deceit" and providing "safe haven" to terrorists in return for USD 33 billion aid over the last 15 years.

"The United States does not plan to spend the USD 255 million in FY 2016 in Foreign Military Financing for Pakistan at this time," a senior administration official told PTI on conditions of anonymity.

"The president has made clear the US expects Pakistan to take decisive action against terrorists and militants on its soil, and that Pakistan's actions in support of the South Asia Strategy will ultimately determine the trajectory of our relationship, including future security assistance," he said.

The US administration continues to review Pakistan's level of cooperation, the official said.

Earlier in the day, US President Donald Trump, in his first tweet of the New Year, blasted the Pakistan leadership by saying that they have given America "nothing but lies and deceit" despite having received more than USD 33 billion in last 15 years.

"They give safe haven to the terrorists we hunt in Afghanistan, with little help. No more!" Trump said, clearly indicating that Pakistan would no longer receive any security aid from the US till the time it sees a change in behaviour from them in fight against terrorism.

 Within hours, the Pakistani Defence Ministry fired back alleging that it has got "nothing but invective and mistrust" for all the actions it took in support of America's war against terrorism.

"Pak as anti-terror ally has given free to US: land & air communication, military bases & intel cooperation that decimated Al-Qaeda over last 16yrs, but they have given us nothing but invective & mistrust. They overlook cross-border safe havens of terrorists who murder Pakistanis," the Pakistan Defence Ministry said in a tweet.

Mr Trump who returned to the White House from Mar-a-Lago in Florida where he spent his Christmas and New Year vacation did not respond to shouted questions from reporters on "what is your plan on Pakistan?"

Several US lawmakers came out in support of President Trump adopting a tough approach on Pakistan.

"I support the decision today by President Trump to end aid to Pakistan," Republican Congressman Markwayne Mullin from Oklahoma said.

"You're either with the US, or against us. We will always help our friends, but for too long, the US has propped up countries that do not share our goal to end terrorism. I'm proud to see our president take bold steps to put America first," Mr Mullin said.

"I couldn't agree more. I've been fighting to end aid to Pakistan for years and will again lead the charge in the Senate," tweeted Senator Rand Paul from Kentucky.

Samantha Vinograd, CNN's national security analyst spoke in favour of Trump's move.

"As a way to make it clear to the Pakistanis that enough is enough, if President Trump actually follows through, it could be an effective move," she said in an opinion piece published on the CNN website.

"It isn't the only step by any means, but it could be the right one," she said.

"Great start. Why give millions to countries who would harbor our enemies?" Trump's son Donald Trump Jr tweeted yesterday.

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Agencies
January 9,2020

Kashmir, Jan 9: US Ambassador to India Kenneth I Juster along with envoys from 15 other countries arrived in Srinagar on a two-day visit to Jammu and Kashmir on Thursday, the first visit by diplomats since the abrogation of the erstwhile state's special status in August last year.

The Delhi-based envoys arrived in Srinagar by a special chartered flight at Srinagar's technical airport where top officials from the newly carved out union territory received them, officials said.

Later in the day, they would be going to Jammu, the winter capital of the newly created Union Territory, for an overnight stay. They will meet Lt Governor G C Murmu as well as civil society members, they said.

Besides the US, the delegation will include diplomats from Bangladesh, Vietnam, Norway, Maldives, South Korea, Morocco, and Nigeria, among others.

Brazil's envoy Andre Aranha Correa do Lago was also scheduled to visit Jammu and Kashmir. However, he backed out because of his preoccupation here, the officials said on Wednesday.

Envoys from the European Union (EU) countries are understood to have conveyed that they will visit the union territory on a different date and are also believed to have stressed on meeting the three former chief ministers -- Farooq Abdullah, Omar Abdullah and Mehbooba Mufti -- who are under detention.

Officials said envoys of several countries had requested the government for a visit to Kashmir to get a first-hand account of the situation in the Valley following the August 5 decision to abrogate provisions of Article 370 and bifurcate it into two union territories, Jammu and Kashmir, and Ladakh.

This is the second visit of a foreign delegation to Jammu and Kashmir since August 5. Earlier, Delhi-based think tank International Institute for Non-Aligned Studies, a Delhi-based think tank took 23 EU MPs on a two-day visit to assess the situation in the union territory.

The government had distanced itself from the visit with Minister of State for Home G Kishan Reddy informing Parliament that the European parliamentarians were on a "private visit".

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Agencies
June 2,2020

Singapore, Jun 2: Moody's Investors Service on Tuesday downgraded 11 Indian banks along with as many non-financial companies and infrastructure majors besides four government-related issuers following a downgrade of the Indian government's issuer rating to Baa3 from Baa2 with a negative outlook.

The rapid and widening spread of the coronavirus outbreak, deteriorating global economic outlook, volatile oil prices and asset price declines are creating a severe and extensive credit shock across many sectors, regions and markets, said Moody's.

The Indian banking sector has been affected given the disruptions to India's economic activity from the coronavirus outbreak, which is weakening borrowers' credit profiles, it added.

The 11 lenders include Bank of Baroda, Bank of India, Canara Bank, Central Bank of India, Export-Import Bank of India, HDFC Bank, Indian Overseas Bank, IndusInd Bank, Punjab National Bank, State Bank of India and Union Bank of India.

The 11 non-finance companies are Oil and Natural Gas Corporation, Hindustan Petroleum Corporation, Oil India, Indian Oil Corporation, Bharat Petroleum Corporation, Petronet LNG, Tata Consultancy Services, Infosys, Reliance Industries, UPL Corporation and Genpact.

The 11 infrastructure companies are NTPC, NHPC, National Highways Authority of India, Power Grid Corporation, Gail India, Adani Green Energy Restricted Group (RG-2), Adani Transmission Restricted Group, Adani Ports and Special Economic Zone, Adani Transmission, Adani Electricity Mumbai and Azure Power Solar Energy.

The four Indian government-related issuers are Indian Railway Finance Corporation, Housing and Urban Development Corporation, Power Finance Corporation and REC Ltd.

"Government-related issuers in India have been affected because of disruptions to India's economy which will weaken borrowers' credit profiles," said Moody's.

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Agencies
January 25,2020

Jammu, Jan 25: People in Jammu and Kashmir expressed happiness over the restoration of mobile data services and internet access through fixed-line across the Union Territory on Saturday.

Speaking to ANI Jitendra Sharma, a resident of Jammu said, "The government has taken a good decision. People had been facing hardship for a long period and I think it will improve further."

"It is a big relief to people. People can finish their pending work. I hope that 4G services will also be resumed soon," said a resident of Kashmir.

The internet speed is restricted to 2G only.

"Access shall be limited only to whitelisted sites and not to any social media applications allowing peer to peer communication and virtual private network applications. Directions shall be effective from January 25 and will remain in force till January 31," the statement by the government read.

Earlier on January 15, 2G services were reinstated in Jammu, Samba, Kathua, and Udhampur for white-listed sites.

The Central government had suspended the internet in the region following the abrogation of Article 370 of the Constitution on August 5 last year, which conferred special status to the erstwhile state of Jammu and Kashmir, and its bifurcation into two Union Territories -- Ladakh, and Jammu and Kashmir.

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