Tokyo stocks retreat amid geopolitical, economic uncertainties
Tokyo stocks retreated on Wednesday as investors grappled with heightened uncertainties surrounding US monetary policy and geopolitical tensions between Ukraine and Russia.
Tokyo stocks retreated on Wednesday as investors grappled with heightened uncertainties surrounding US monetary policy and geopolitical tensions between Ukraine and Russia.
The outgoing Biden Administration’s authorisation for Ukraine to carry out long-range missile strikes against Russian targets using US weaponry signals a significant escalation in the on-going conflict.
The Indian stock market, which saw a super rally on Tuesday, lost the steam towards the end amid heavy profit-booking, as fresh tensions between Ukraine and Russia came to light.
The on-going conflict in Ukraine has sent shockwaves through global energy markets, impacting everything from international relations to commodity prices.
The BRICS summit has once again brought the group’s growing global clout into sharp focus, particularly in the context of the ongoing war in Ukraine.
Even in war with Ukraine, Russia didn't choose to deploy supersonic cruise missiles that possibly prompted the domestic developer here to expedite the NG (next generation) variant of the 'fastest' lethal weapon on earth, one of the key scientists in the mission said today.
"These challenges are complex, interconnected, and escalating at an alarming pace," said the president.
Prime Minister Narendra Modi, during his meeting with Ukrainian President Volodymyr Zelenskyy, affirmed that everyone agrees with the need to reach a ceasefire in the ongoing conflict in Ukraine and the restoration of peace and stability, Foreign Secretary Vikram Misri said
The Quad will stand up for a free and open Indo-Pacific region in all eventualities, White House officials have said, adding that there is no dilution in terms of its focus.
The two leaders voiced their view that a closer US-India partnership is vital to the success of efforts to build a cleaner, inclusive, more secure, and more prosperous future for the planet.
