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EquityPandit

EquityPandit
WORLD

War is Over in Afghanistan: Taliban Spokesperson

The spokesman for the Taliban’s political office Mohammad Naeem announced that the war was over in Afghanistan and requested peaceful relations with the international community. Naeem said in an interview with Al Jazeera TV that the Taliban did not desire to live in loneliness, and the type of rule and the order of the government will be clear soon.


Naeem further said the Taliban wants peaceful relations with everyone and is ready to make many channels for communication. “We invite all the nations and entities to sit with us to resolve any issues”, he added.
Afghanistan President Ashraf Ghani left the country saying he wants to avoid bloodshed as Taliban fighters showed up on the outskirts of Kabul, and their chiefs demanded transfer of power.


“We have got the freedom of our country and the independence of our people. We will not let anyone use our lands to target anyone anymore, and we don’t want to harm people. We don’t think that foreign powers will repeat their failed experience in Afghanistan once again,” he added.

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WORLD

Canada Spy Agency Warns of India, China Meddling in Election on 28th April

Dhruva Kulkarni

Canada’s intelligence agency, CSIS, has warned that India and China are likely to interfere in the 28th April election, with Russia and Pakistan also posing potential threats.

The report comes amid strained Canada-India and Canada-China relations, with both nations denying the allegations. CSIS found evidence of foreign interference in the 2019 and 2021 elections but stated that the outcomes were not affected, noting Canada’s slow response.

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Deputy Director Vanessa Lloyd warned that China will likely use AI-enabled tools to influence the upcoming election.

Tensions between Canada and India worsened last year after Canada accused India of an assassination plot against a Sikh separatist, leading to diplomatic expulsions.

CSIS continues to monitor foreign interference threats, emphasising the need to safeguard democratic processes and maintain public trust.

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Trump Announces 25% Additional Tariff on Venezuela Trade

Ali Waghbakriwala
trump Impacts on Indian Stock Market

US President Donald Trump announced new tariffs targeting nations purchasing oil and gas from Venezuela.

On 24 March, Trump declared that the US would impose an additional 25% tariff from 2 April on countries importing oil from Venezuela, impacting both direct and indirect buyers.

“Venezuela has been very hostile to the United States and the freedoms we uphold. Any country purchasing oil or gas from Venezuela will have to pay a 25% tariff to the US on any trade they conduct with us,” Trump stated on Truth Social.

This new “secondary tariff” will be added to the existing duties, further tightening economic pressure on Venezuela.

In his announcement, Trump claimed that Venezuela has been deliberately sending criminals to the US, which he cited as one of the “numerous reasons” for imposing the tariff.

The decision, which could further destabilize global trade, is also expected to affect major importers like China, possibly disrupting supply chains.

Since his return to the White House in January, Trump has actively imposed tariffs on both US allies and rivals, using trade policies as leverage for economic and diplomatic negotiations.

The final decision on implementing the new levy will be determined by the US Secretary of State in consultation with other government agencies.

WORLD

US Trade Envoy to Visit India Before Trump’s Tariff Plan

Dhruva Kulkarni

With Trump’s reciprocal tariffs nearing implementation, a top US trade official is visiting India for key trade discussions.

Assistant USTR for South and Central Asia, Brendan Lynch, will lead a delegation to India from March 25-29, according to a US Embassy spokesperson.

The Wall Street Journal reports that while the White House remains committed to reciprocal tariffs, sectors like automobiles, pharmaceuticals, and semiconductors are unlikely to be affected initially.

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The “dirty 15” nations with the highest trade deficits with the US may still face country-specific tariff rates instead of a tiered system.

Although most imports will be impacted, the final tariff structure is still being determined.

The visit underscores ongoing trade negotiations as both nations work to manage potential disruptions. March 25-29 talks are expected to clarify India’s stance and possible exemptions before the official tariff rollout next week.

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WORLD

Trump Announces Upcoming US-Ukraine Minerals Deal

Dhruva Kulkarni

Donald Trump stated on Thursday that the US will soon sign a minerals and natural resources deal with Ukraine, linking it to his ongoing peace efforts after recent talks with Russian and Ukrainian leaders.

Speaking at a White House event, he mentioned discussions with Vladimir Putin and Volodymyr Zelenskyy, which resulted in a 30-day pause in Russian attacks on Ukrainian energy infrastructure.

Trump believes these efforts could save thousands of lives and remains hopeful about ending the war.

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The US and Ukraine had previously agreed to develop Ukraine’s critical mineral resources, with Trump viewing it as a way for Kyiv to repay US support.

However, efforts to finalise the deal faced setbacks after a heated White House meeting with Zelenskyy last month, temporarily halting US military aid.

A revised version of the deal is reportedly more detailed but does not yet include Ukraine’s requested security guarantees. At the same time, the EU has yet to approve additional artillery funding for Kyiv.

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Tesla recalls 46,096 Cybertrucks over loose panels posing road hazard

Dhruva Kulkarni

Tesla is recalling 46,096 Cybertrucks in the US due to a defect that could cause an exterior panel to detach while driving, posing a road hazard.

The recall marks a setback for Tesla, as the Cybertruck’s success is crucial to its growth amid rising competition and an ageing vehicle lineup.

Tesla will replace the faulty rail assembly free of charge, with the recalled vehicles representing most Cybertrucks on the road.

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Demand for the unconventional EV pickup has already shown signs of weakness following delays, and Tesla shares fell nearly 2% in premarket trading.

Tesla shares have dropped 42% this year amid a sluggish EV market and concerns over CEO Elon Musk’s growing government role.

The company led the US recalls in 2024, with 5.1 million vehicles affected, though most issues were resolved through software updates.

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