Investors sold shares of owner Liberty Formula One Group, causing the stock price to fall about 7%, which reduced its market capitalisation by about $1.9 billion.
Both are seen as representatives of a younger generation challenging Nepal’s ageing political leadership. But their routes and ideas of governance could not be more different.
Speaking at Raisina Dialogue, Saeed Khatibzadeh said the US-Israel attack came amid parallel negotiations between Tehran and regional countries on a new security architecture.
French President has also deployed aircraft carrier Charles de Gaulle to the region & spoke with PM Narendra Modi too about ‘evolving situation in West Asia’.
Colombo mounts rescue op for IRIS Bushehr, whose engine malfunctioned near its Exclusive Economic Zone, while upholding neutrality after US torpedoing of IRIS Dena off Lankan coast.
Nearly 50% of India’s crude imports are exposed to the chokepoint. So far this year, India has imported an average of 2.6 million barrels per day (mbpd) from Gulf countries.
US Defence Secretary Pete Hegseth confirmed that a US submarine sank the IRIS Dena with a Mark 48 torpedo, calling it 'the first sinking of an enemy ship by a torpedo since WW2'.
Why should the US care? Because in the end, as its wrangle with Britain this week should have reminded them, America still needs bases, friendly ports, & overfly rights.
Multiple companies have invoked the principle of ‘force majeure’, which lets a party off the hook in case of unforeseen ‘acts of God’, to avoid penalties.
IRIS Lavan was in the region for the International Fleet Review held last month and ‘sought urgent docking in Kochi citing technical issues,’ it is learnt.
Trump has ushered in the age of humiliation. His method is to push around America’s friends rudely and publicly. He knows none of them can afford to fight back.
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