Trump's likely pick for Ambassador knows a lot about India

Agencies
June 23, 2017

Washington, Jun 23: After five months without a U.S. number one in India, Donald Trump appears to have finally chosen the next ambassador to the subcontinent. Kenneth Juster, who serves as a top deputy at the National Economic Council in Trump's White House, will likely exert a steadying influence on U.S.-India relations if his nomination goes forward as expected.Donald

Juster is a long-time India hand - he chaired the U.S.-India High Technology Cooperation Group and helped spearhead a major new bilateral initiative under the George W. Bush administration - and with his extensive diplomatic experience, he differs from some of Trump's other ambassadorial picks such as Terry Branstad, the former Iowa governor, or Callista Gingrich, his envoy to the Vatican.

That would be a balm for Indians ahead of Prime Minister Narendra Modi's first meeting with Trump on June 26 in Washington.

"If Ken Juster is named, the Indians will be pleased about that because he is a known quantity," said Tanvi Madan, director of the India Project at the Brookings Institution. "In a time of a lot of uncertainty, his appointment would be a reassurance."

"He's considered an experienced hand with a good relationship in the White House and other agencies that will make him an effective ambassador," said Ronak D. Desai, a U.S.-India relations expert at Harvard University and fellow at New America.

Rumors swirled in May that Juster was out as Trump's G7 chief negotiator amid personal tensions with other White House staff but was under consideration for India ambassador. Confirmation of his apparently likely nomination was reported in the Washington Post on June 21.

The State Department declined to comment.

If Juster is tapped for the post, he'll have to navigate some significant political minefields, in large part thanks to his former boss in the Oval Office. One key sticking point is climate change. Trump angered the entire world when he pulled out of the Paris climate agreement, and went out of his way to jab India in the process.

He falsely claimed India had only signed onto the agreement for billions of dollars in subsidies in a speech on June 1 announcing his withdrawal. "That rubbed India the wrong way," said Desai. India "invested a lot and went out on a ledge" to back the U.S.-brokered Paris climate agreement.

There's more irritants than just Paris. A spate of attacks on Indian-Americans since Trump came into office has also caused consternation in the subcontinent. And modifications to make it harder for highly-skilled workers overseas to get U.S. visas - part of the Trump White House's "America First" plan, which big tech companies don't like - could hit India hard.

But if anything has chafed Modi, he hasn't let it show publicly. "[India] has very studiously avoided criticizing Trump in a manner other world leaders have done in the past four to five months," said Desai.

Some blame the attacks on Indian-Americans on the racially-charged climate Trump churned up on the campaign trail - and he's been silent on the attacks ever since despite growing concerns among Indians and Indian-Americans.

"Given the very real fears of Indian-Americans and the crucial role of the Indian diaspora in U.S.-India relations, Modi can't afford not to bring up this matter," wrote the Wilson Center's Michael Kugelman.

But Trump's overall policy towards India has yet to take shape. Modi and former President Barack Obama enjoyed a strong personal rapport that boosted bilateral relations during his term. The litmus test for Modi's relationship with Trump comes Monday, when they meet for the first time in Washington.

The two leaders are expected to discuss terrorism, trade, and Indo-Pacific security issues, with an eye on China's growing assertiveness in the Indian Ocean, where the United States and India are cooperating more. Trump jarred the world with his rejection of multilateral free trade deals, excoriating China for what he called unfair trade practices that harm American workers.

India has so far avoided similar ire. Last year, trade between the two nations totalled almost $115 billion; the United States imported about $31 billion more from India than it exported. Commerce Secretary Wilbur Ross has previously signalled that the administration is open to discussing a free trade agreement with the world's sixth-largest economy, though there seems to be little momentum in that direction. (India was not a part of the Trans-Pacific Partnership, the 12-nation trade deal Trump pulled out of.)

But unlike China, Saudi Arabia, the Persian Gulf states, and Turkey, India is not a big player on issues like Syria or North Korea - the issues the Trump administration cares most about. That will make Modi work to capture Trump's interest.

"The question will be, what level of attention does India get?" said Madan.

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News Network
February 11,2020

Feb 11: China reported 108 new coronavirus deaths on February 10, the highest daily toll since the outbreak began in Wuhan late last year, as two senior officials in the hard-hit province of Hubei were removed from their jobs.

The total number of deaths on the mainland reached 1,016 in the 24 hours until midnight, the National Health Commission said on Tuesday.

Some 2,478 new cases were confirmed, bringing the total to 42,638.

Of the new deaths, 103 were in the province of Hubei, including 67 in the provincial capital of Wuhan. The virus is thought to have originated there in a market that sold seafood as well as wild animals.

Two senior health officials in the province - Zhang Jin who was Party Secretary of the health commission for Hubei and Ling Yingzi who was director of the Hubei Provincial Health Commission - were both removed from their posts, state media reported on Tuesday,  a day after Chinese President Xi Jinping visited health facilities in Beijing.

In his first public appearance since the outbreak began, Xi donned a face mask and had his temperature checked while visiting medical workers and patients in the capital.

"We have seen very little of Xi Jinping since the outbreak began but he was out and about in Beijing on Monday," Al Jazeera's Katrina Yu said from Beijing. "He has been trying to rally the troops saying: 'We can win this battle.' But it's also a sign that the battle is far from over."

The other fatalities on Monday were in the provinces of Heilongjiang, Anhui and Henan and the cities of Tianjin and Beijing, the National Health Commission said.

During a meeting chaired by Premier Li Keqiang on Monday, a group of leaders tasked with beating the virus said it would work to solve raw material and labour shortages and boost supplies of masks and protective clothing.

They said nearly 20,000 medical personnel from around the country had already been sent to Wuhan, and more medical teams were also on the way.

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News Network
July 27,2020

Tokyo, Jul 27: Gold hit an all-time high on Monday as tit-for-tat consulate closures in China and the United States rattled investors, boosting the allure of safe-haven assets, although sentiment was mixed with tech gains supporting some Asian stocks.

MSCI's ex-Japan Asia-Pacific index rose 1.3 percent as Taiwan's TSMC, Asia's third-largest company by market capitalisation, rose almost 10 percent.

The chipmaker's gains boosted other tech stocks in the region and came after rival Intel signalled it may give up manufacturing its own components due to delays in new 7-nanometer chip technology.

Also soothing sentiment, Chinese shares eked out gains after big falls late last week, with CSI300 index rising 0.5 percent.

S&P500 futures were last up 0.4 percent in choppy trade while Japan's Nikkei fell 0.5 percent, resuming trade after a long weekend and catching up with falls in global shares late last week.

Global shares had lost steam last week after Washington ordered China's consulate in Houston to close, prompting Beijing to react in kind by closing the US consulate in Chengdu.

US Secretary of State Mike Pompeo took fresh aim at China last week, saying Washington and its allies must use "more creative and assertive ways" to press the Chinese Communist Party to change its ways.

"US President (Donald) Trump used to say China's President Xi Jinping is a great leader. But now Pompeo's wording is becoming so aggressive that markets are starting to worry about further escalation," said Norihiro Fujito, chief investment strategist at Mitsubishi Securities.

Gold rose 1.0 percent to a record high of $1,920.9 per ounce, surpassing a peak touched in September 2011, as Sino-US tensions boosted the allure of safe-haven assets, especially those not tied to any specific country.

The yellow metal is also helped by aggressive monetary easing adopted by many central banks around the world since the pandemic plunged the global economy into a recession.

Some investors fret such an unprecedented level of money-printing could eventually lead to inflation.

MORE STIMULUS

Hopes of a quick US economic recovery are fading as coronavirus infections showed few signs of slowing.

That means the economy could capitulate without fresh support from the government, with some of earlier steps such as enhanced jobless benefits due to expire this month.

Investors hope US Congress will agree on a deal before its summer recess but there are some sticking points including the size of the stimulus and enhanced unemployment benefits.

US Treasury Secretary Steve Mnuchin said the package will contain extended unemployment benefits with 70 percent "wage replacement".

Democrats, who control the House of Representatives, want enhanced benefits of $600 per week to be extended and look to much bigger stimulus compared with the Republicans' $1 trillion plan.

Investors are looking to corporate earnings from around the world for hints on the pace of recovery in the global economy.

"It looks like rising coronavirus cases are starting to slow down recovery in many countries," said Masahiro Ichikawa, senior strategist at Sumitomo Mitsui DS Asset Management.

Concerns about the US economic outlook started to weigh on the dollar, reversing its inverse correlation with the economic well-being over the past few months.

The dollar index dropped 0.3 percent to its lowest level in nearly two years.

The euro gained 0.3 percent to $1.1693, hitting a 22-month high of $1.16590 as sentiment on the common currency improved after European leaders reached a deal on a recovery fund in a major step towards more fiscal co-operation.

Against the yen, the dollar slipped 0.5 percent to 105.605 yen, a four-month low while the British pound hit a 4 1/2-month high of $1.2832.

Oil prices dipped on worries about the worsening Sino-US relations.

Brent futures fell 0.46 percent to $43.14 per barrel while US crude futures lost 0.44 percent to $41.11.

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News Network
April 19,2020

Washington, Apr 19: President Donald Trump has expressed his doubts over the official Chinese figures on the number of deaths in their country due to the novel coronavirus pandemic, claiming that the fatalities were way ahead of the US.

Trump's comments come two days after another 1,300 fatalities were added to the official count in the city of Wuhan, where the outbreak started. The revision puts China's overall death toll to more than 4,600.

"We are not number one; China is number one just so you understand," Trump told reporters at a White House news conference on Saturday. "They are way ahead of us in terms of death. It's not even close."

According to Trump, when highly-developed healthcare systems of the UK, France, Belgium, Italy and Spain had high fatality rates, it was O.33 in China.

The president asserted that the actual number was much more than the official Chinese death toll figures, which he said were "unrealistic".

"You know it, I know it and they know it, but you don't want to report it. Why?" he asked. "You will have to explain that. Someday I will explain it."

He also highlighted that on a per-capita basis, the mortality rate in the US was far lower than other nations of Western Europe.

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