Voters in Sri Lanka have to rank up to 3 candidates in order of preference. Candidate with 50% votes is declared winner; if nobody gets clear majority, race will boil down to top two candidates.
PM Narendra Modi didn't even wait for the final results of Sri Lanka's parliamentary election before calling Mahinda Rajapaksa to congratulate him on his victory.
Even if there is an early agreement on a cessation of hostilities in Iran, the price shock will not go away easily. Global prices of oil and gas will remain elevated.
Share of trade with FTA partners rose from 4.6% in 2006 to 28.8% in 2024. India is currently negotiating or advancing agreements with US, Israel, GCC, Canada & Mexico.
American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.
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