COP29 is expected to be the ‘Finance COP’ given the focus is on long-term climate finance, adaptation, and loss and damage funding. Discussions will be on who will pay and how much.
Environmentalists say Trump’s victory will be ‘profound blow to global climate justice’, increase climate risk for world’s most vulnerable communities & impact clean energy deals.
The Russia-Ukraine war exposes a complex paradox of power where the world’s most powerful country, with all its resources, is falling short in coercing a much more weakened Russia to kowtow to its demands.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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