At stake is China's growing footprint in Central America, once a steadfast base for Taiwan and where the US is worried about Beijing's expanding influence in its backyard.
The announcement was made by Honduran President Castro. The move risks reducing Taiwan's allies as China does not allow countries with which it has relations to maintain ties with Taiwan.
Honduran Foreign Minister Eduardo Enrique Reina said the decision to switch allegiance to China was partly because it was 'up to its neck' in financial debt & owes $600 million to Taiwan
While processes for reform have been set in motion across the globe, change seldom comes without risks. From Saudi Arabia, which is going through its own Arab Spring, to Zimbabwe, which is still coming to terms with the end of a 37-year old dictatorship, risks abound.
Indians see West Asia as one uninterrupted wash of Islam, but the reality is more complex. For the Druze, support from Israel—where they are a recognised minority—is now critical.
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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