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  • India not likely to take a look at Russia as a safe buddy: Congressman Ro Khanna

    Via PTI

    WASHINGTON: India is not likely to take a look at Russia as a “safe” buddy, given Moscow’s nearer ties with Beijing within the wake of the raging warfare in Ukraine, a best Indian-American Congressman has stated.

    Congressman Ro Khanna instructed a bunch of journalists over a luncheon interplay on Tuesday that the objective of Indian American citizens in the United States Congress must be to reinforce the connection.

    “I don’t believe that given the nearer ties between Russia and China, India would glance to Russia as a safe buddy to hedge in opposition to the invasion, doubtlessly, of its border in Asia, and that they (Indians) know the USA could be a extra depended on spouse for that goal,” he stated.

    It’s in India’s pastime to align extra firmly with the United States when it comes to the “highest hedge” in opposition to China, he stated, including that it’s been a major factor in Indian international coverage.

    “Exterior Affairs Minister S Jaishankar has been transparent that that does not imply they are going to march lockstep with our pursuits in the USA, however they wish to align at this second as a result of they see that it is strategically necessary,” Khanna stated.

    Not like its Quad spouse international locations, India has no longer but condemned the Russian invasion of Ukraine and it abstained from the votes on the UN platforms at the Russian aggression.

    India has been urgent for a direct cessation of violence in Ukraine and in the hunt for a answer of the disaster thru international relations and discussion.

    Khanna, who in his capability as Co-Chair of the Congressional India Caucus, is website hosting the first-of-its-kind US-India Summit on the Capitol.

    The summit, amongst others, could be addressed by means of former Protection Secretary Jim Mattis, in conjunction with India’s Ambassador to the United States Taranjit Singh Sandhu and nearly by means of US Ambassador to India Eric Garcetti.

    Deputy Secretary of State Wealthy Verma, and Space Minority Chief Congressman Hakeem Jeffries would additionally attend the summit.

    Eminent participants from the Indian American group also are collaborating within the convention, together with group chief Ajay Bhutoria who would discuss at the H-1B factor.

    Responding to a query, Khanna stated the concept that Indian American citizens in the USA can reshape Indian society is naive. “However we will be able to verify our personal values and discuss obviously about our personal values. In order that’s a type which we are hoping others will see as persuasive. So the objective of Indian American citizens in Congress must be to reinforce the connection whilst proceeding to talk to fundamental values and status up for the ones values and talking out the place we predict the ones values are not being upheld,” he stated.

    WASHINGTON: India is not likely to take a look at Russia as a “safe” buddy, given Moscow’s nearer ties with Beijing within the wake of the raging warfare in Ukraine, a best Indian-American Congressman has stated.

    Congressman Ro Khanna instructed a bunch of journalists over a luncheon interplay on Tuesday that the objective of Indian American citizens in the United States Congress must be to reinforce the connection.

    “I don’t believe that given the nearer ties between Russia and China, India would glance to Russia as a safe buddy to hedge in opposition to the invasion, doubtlessly, of its border in Asia, and that they (Indians) know the USA could be a extra depended on spouse for that goal,” he stated.googletag.cmd.push(serve as() googletag.show(‘div-gpt-ad-8052921-2’); );

    It’s in India’s pastime to align extra firmly with the United States when it comes to the “highest hedge” in opposition to China, he stated, including that it’s been a major factor in Indian international coverage.

    “Exterior Affairs Minister S Jaishankar has been transparent that that does not imply they are going to march lockstep with our pursuits in the USA, however they wish to align at this second as a result of they see that it is strategically necessary,” Khanna stated.

    Not like its Quad spouse international locations, India has no longer but condemned the Russian invasion of Ukraine and it abstained from the votes on the UN platforms at the Russian aggression.

    India has been urgent for a direct cessation of violence in Ukraine and in the hunt for a answer of the disaster thru international relations and discussion.

    Khanna, who in his capability as Co-Chair of the Congressional India Caucus, is website hosting the first-of-its-kind US-India Summit on the Capitol.

    The summit, amongst others, could be addressed by means of former Protection Secretary Jim Mattis, in conjunction with India’s Ambassador to the United States Taranjit Singh Sandhu and nearly by means of US Ambassador to India Eric Garcetti.

    Deputy Secretary of State Wealthy Verma, and Space Minority Chief Congressman Hakeem Jeffries would additionally attend the summit.

    Eminent participants from the Indian American group also are collaborating within the convention, together with group chief Ajay Bhutoria who would discuss at the H-1B factor.

    Responding to a query, Khanna stated the concept that Indian American citizens in the USA can reshape Indian society is naive. “However we will be able to verify our personal values and discuss obviously about our personal values. In order that’s a type which we are hoping others will see as persuasive. So the objective of Indian American citizens in Congress must be to reinforce the connection whilst proceeding to talk to fundamental values and status up for the ones values and talking out the place we predict the ones values are not being upheld,” he stated.

  • CME Team CEO calls Bankman-Fried ‘an absolute fraud,’ says he noticed hassle months ahead of FTX cave in

    A significant alternate govt says he detected purple flags months ahead of the ancient FTX cave in.

    CME Team chairman and CEO Terry Duffy mentioned he suspected corruption on the cryptocurrency alternate the day of his first one-on-one assembly with founder Sam Bankman-Fried.

    “I informed my staff this had not anything to do with crypto,” Duffy informed CNBC’s “Speedy Cash” on Tuesday. “He sought after to record all asset categories, mine, the Intercontinental, the CME and everyone else’s, beneath his fashion which might were… a biblical crisis.”

    Bankman-Fried’s staff didn’t in an instant reply to a request for remark.

    Duffy first recounted his assembly with Bankman-Fried closing week at the “At the Tape” podcast, which is hosted by way of “Speedy Cash” investors Man Adami and Dan Nathan.

    “You are a fraud. You are an absolute fraud,” Duffy mentioned he informed Bankman-Fried.

    Now, Duffy is giving additional main points on what came about main as much as his stumble upon with him.

    Duffy sought after to understand whey the Commodities Futures Buying and selling Fee was once taking a look at Bankman-Fried’s request to ease regulatory laws to push his buying and selling fashion. He was once informed it was once required beneath innovation pointers.

    “Immediately my suspicions had been up,” Duffy mentioned. “Why is there such a lot force coming for this software? And, then once I met with him, I knew immediately this a comic story.”

    Then again, Duffy mentioned he is not stunned FTX captivated such a lot of buyers and high-profile donors.

    “In case you have the best quarterback of all time and a twiglet spouse doing a industrial choosing up the telephone announcing ‘Are you in, are you in, are you in.’ To me, it looks as if a pump-and-dump scheme,” mentioned Duffy. “Other people get very influenced by way of folks like Tom [Brady].”

    The FTX cave in is the most important cryptocurrency alternate chapter on file. It is now within the early days of a chapter listening to in Delaware. On Monday, FTX lawyer James Bromley, employed by way of FTX’s new control, mentioned “What we’re coping with is a distinct kind of animal.”

    “There are going to be numerous hearings happening one day. Let’s apply the cash. Let’s have a look at who knew what, when and the place,” added Duffy.

    The Senate Agriculture Committee plans to carry a listening to into the FTX implosion on Dec. 1.

    “I am hoping somebody has the braveness to invite, ‘Was once any one striking force at the CFTC to transport ahead with an software that may have put the entirety in peril?’” Duffy mentioned.

    Disclosure: CME Team is a presenting sponsor of the “On The Tape” podcast.

    Disclaimer

  • US Area votes for India-specific CAATSA waiver

    The USA Area of Consultant on Thursday handed a legislative modification that approves an India-specific waiver for punitive CAATSA sanctions.

    Authored and presented by means of Indian-American Congressman Ro Khanna, the modification urges the Biden management to make use of their authority to offer India with a Countering The usa’s Adversaries Thru Sanctions Act (CAASTA) waiver to lend a hand deter aggressors like China.

    The legislative modification was once handed on Thursday by means of voice vote as a part of an en bloc (all in combination as a unmarried unit) modification right through ground attention of the Nationwide Protection Authorization Act (NDAA).

    “America will have to stand with India within the face of escalating aggression from China. As Vice Chair of the India Caucus, I’ve been running to reinforce the partnership between our international locations and be sure that India can shield itself alongside the Indian Chinese language border,” stated Khanna.

    “This modification is of the maximum significance, and I’m proud to look it move the Area on a bipartisan foundation,” he stated.

    There’s no dating of higher importance to US strategic pursuits than the US-India partnership.

    My bipartisan NDAA modification marks essentially the most vital piece of law for US-India members of the family out of Congress because the US-India nuclear deal. %.twitter.com/uXCt7n66Z7

    — Rep. Ro Khanna (@RepRoKhanna) July 14, 2022

    In his remarks at the Area ground, Khanna stated there’s no dating of higher importance to US strategic pursuits than the US-India partnership.

    “My bipartisan NDAA modification marks essentially the most vital piece of law for US-India members of the family out of Congress because the US-India nuclear deal,” Khanna stated.

    The law says that the United States-India Initiative on Vital and Rising Applied sciences (ICET) is a welcome and very important step to creating nearer partnerships between governments, academia, and trade within the two international locations to deal with the newest advances in synthetic intelligence, quantum computing, biotechnology, aerospace, and semiconductor production.

    Such collaborations between engineers and laptop scientists are essential to lend a hand be sure that the US and India, in addition to different democracies all over the world, foster innovation and facilitate technological advances which proceed to a long way outpace Russian and Chinese language generation, it stated.