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India shows ‘cautious resilience’ despite Middle East conflict: DEA
India's economic story is expected to remain on a path of "cautious resilience" in the near term, even as global uncertainties continue to grow, the department of economic affairs (DEA) said in its Monthly Economic Review for May. However, it cautioned that the ongoing conflict in the Middle East, rising crude oil prices and the possibility of a weaker-than-normal monsoon could pose challenges to growth and fuel inflationary pressures in the months ahead. Despite these risks, the DEA said...
Deep learning four decades of human migration
Abstract Human migration is a fundamental driver of global demographic change, shaping population structure, labour markets and social policy across countries1,2,3. Although long-term migration patterns are often linked to economic development4, they can shift rapidly in response to shocks such as conflict, environmental crises and political change5. Despite its importance, migration remains difficult to measure consistently: existing data are sparse, concentrated in high-income settings and...
SWAMIH Fund explained: How it works, eligibility, and what's next
When a residential project runs out of funds midway through construction, homebuyers are often left paying EMIs and rent simultaneously while waiting for possession. To address such stalled housing projects, the Centre launched the Special Window for Affordable and Mid-Income Housing (SWAMIH) Fund in 2019. The government-backed last-mile financing fund provides capital to stressed but viable residential developments, enabling construction to resume and homes to be delivered.
U.S. faces foreign crises with a hollowed out diplomatic corps
Kelly Adams-Smith dedicated her life to the U.S. Foreign Service, serving her country for almost three decades as a diplomat. “I came in with my husband. We were a tandem couple.
US offers Cuba a new relationship
America's top diplomat, Marco Rubio, has offered the Cuban people a "new relationship" in a video message marking the anniversary of Cuba's independence. He blamed the island's hardships on its communist leadership and not the US fuel blockade, which has exacerbated the economic crisis. Mr Rubio made the comments as US media reported that the Justice Department would unveil charges against Cuba's veteran leader Raul Castro.Also: The World Health Organization is exploring vaccine and...
100 days into Iran war, Americans face higher prices
100 days into Iran war, Americans face higher prices On average, US households have spent $750 more in expenses due to the war, hitting middle- and lower-income people hard. A hundred days into the US-Israel war on Iran, Americans are facing increasing financial pressure at the pump and at the grocery store in an economy already facing headwinds from United States President Donald Trump’s domestic and foreign policies, including tariffs. The war is unpopular, with 66 percent of Americans...
European sentiments towards the US hit an all-time low
Home alone: Europeans are ready to defend themselves Summary - Amid geopolitical turmoil, Europeans are taking nuanced and realistic positions that demand tough choices from their leaders. - A major new ECFR poll shows Europeans embrace self-reliance and are clear-eyed about Donald Trump—but do not expect a permanent break from the US. - They back Ukraine—but are anxious about bringing it into the European Union now or sending troops there.
AI could consume up 3% of world's electricity the UN warns
AI could consume up 3% of world's electricity the UN warns AI could soon use more water than we need to drink, UN report finds. One argument often used to quell concerns about the rising energy and resource demand of data centers is that artificial intelligence (AI) models will need less in the future as they improve and become more efficient. But this seemingly logical thinking is a trap, according to a new United Nations report that quantifies the environmental costs of AI.
US to withdraw 5,000 troops from Germany
The US Defence Department says 5,000 military personnel stationed in Germany will leave their bases over the next 6-12 months. The withdrawal of American troops follows a spat between President Trump and the German Chancellor Friedrich Merz over the war with Iran. Also, President Trump says he'll increase tariffs on European vehicles imported to the US; Cuba says new US sanctions amount to "collective punishment"; rats, fleas and other pests are spreading disease amongst displaced...
US charges Raúl Castro with murder
The US justice department has unveiled criminal charges against the former Cuban president, Raúl Castro. The accusations against the 94-year-old include conspiracy and four counts of murder. They stem from a 1996 incident in which Cuban military jets shot down two planes flown by Miami-based Cuban exiles.