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WORLD

US Bans Export of Luxury Goods to Russia, Belarus

US Department of Commerce has imposed restrictions on the exports of their luxury goods to Russia and Belarus. “We have also forced an import ban on Russian alcohol, seafood and non-industrial diamonds,” Department of State Spokesperson Ned Price said.


Price said that the US would stay committed to Ukraine and make sure that no ease on sanctions is given to Russia. He said, “We will remain committed and united with Ukraine. There will be no relief from sanctions, and we will continue to impose on Russia until Putin reverses in his brutal attack on Ukraine.”


Earlier, the European Union (EU) had also announced the ban on the exports of luxury products to Russia. The European Commission President said that in addition to cancelling Russia’s benefits as a World Trade Organization (WTO) member and new measures against Russian elites close to the Kremlin. The EU will ban the essential goods in the iron and steel sector from Russia. EU also plans to ban investments in Russia’s energy sector.

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China welcomes PM Modi’s remarks on India-China ties

Dhruva Kulkarni

China welcomed Prime Minister Narendra Modi’s positive remarks on India-China ties, emphasising that cooperation between the two nations is the way forward.

Chinese Foreign Ministry spokesperson Mao Ning said the Xi-Modi meeting in Kazan last year provided strategic guidance for improving ties.

She noted both countries have strengthened exchanges and cooperation, achieving positive outcomes in various areas.

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China expressed readiness to work with India to enhance cooperation and advance stable bilateral relations, marking 75 years of diplomatic ties.

In a podcast with Lex Fridman, Modi said normalcy has returned to the India-China border after talks with Xi, emphasising their long-standing cultural ties.

He stressed that India-China cooperation is crucial for global stability, adding that competition between the two should be healthy, not conflict-driven.

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Russia, US May Start Ukraine Peace Talks Today

Dhruva Kulkarni

Russia has signalled its willingness to have peace talks with the US over Ukraine, with discussions possibly beginning as early as today, according to Foreign Ministry spokeswoman Maria Zakharova.

The development comes after high-level diplomatic talks in Saudi Arabia, where Ukraine showed openness to a 30-day ceasefire, and the US agreed to present the proposal to Moscow.

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The Kremlin confirmed that US negotiators were heading to Russia, indicating a potential step forward in diplomatic engagements between the two nations.

Kremlin adviser Yuri Ushakov spoke with US National Security Adviser Mike Waltz on Wednesday, emphasising ongoing diplomatic efforts to find a resolution to the conflict.

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Greenland Opposition Party Secures Victory in Legislative Elections

Dhruva Kulkarni

Greenland’s centre-right opposition secured a surprise victory in the legislative elections, with rising support for the nationalist Naleraq party advocating swift independence.

The Democratic Party won 29.9% of votes, tripling its 2021 result, while Naleraq more than doubled its share to 24.5%.

Outgoing PM Mute Egede’s Inuit Ataqatigiit party and its coalition partner Siumut placed third and fourth.

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With no party securing a majority, coalition talks will shape the next government and its approach to independence.

Trump’s renewed push to acquire Greenland influenced the campaign, driving higher voter turnout.

Naleraq seeks immediate independence, but others prefer financial stability first, as Greenland relies on Danish subsidies.

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Can Europe’s $20 Billion AI Gigafactories Compete?

Dhruva Kulkarni

Europe plans to invest $20 billion in four AI gigafactories to compete with the US and China, but experts question their feasibility.

These data centres face major challenges, including chip shortages, power constraints, and a lack of cloud service providers like Google or Amazon.

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The project is part of InvestAI, a €200 billion initiative, but still trails US efforts like Stargate.

Each gigafactory will house 100,000 advanced chips, requiring billions in investment.

Experts debate whether funds should focus on AI applications instead, as past EU tech initiatives struggled to meet goals.

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Zelenskyy Visits Saudi Arabia Before Key US Talks

Dhruva Kulkarni

President Volodymyr Zelenskyy will meet Saudi Crown Prince Mohammed bin Salman on Monday before crucial talks with US officials on Ukraine’s war with Russia. 

Saudi Arabia has played a mediating role in the conflict, brokering prisoner exchanges and hosting US-Russia talks.

The US, once Ukraine’s main ally, has shifted its wartime policies, cutting military aid and intelligence sharing while engaging directly with Moscow to end the war. 

On Tuesday, Ukrainian and US officials will meet for the first time since Zelenskyy’s tense Oval Office encounter with Trump, focusing on a minerals deal and a possible resolution to the conflict.

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Under pressure from Trump, who wants a swift end to the war, Zelenskyy is working to align with the US but has yet to secure security guarantees for Ukraine. 

Trump’s envoy, Steve Witkoff, said the talks aim to establish a peace framework and ceasefire, but Moscow has rejected a temporary truce, calling it a tactic to aid Ukraine.

With US support uncertain, Zelenskyy is urging European allies for more aid as Ukraine faces Russian advances and intensified aerial attacks.

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