Conflict With India Won't Have Large Fiscal Impact
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A series of military strikes last week by India and Pakistan brought the nuclear-armed rivals closer to a broader war
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The National Interest on MSNWas Turkey the Biggest Winner of the India-Pakistan War?By complicating Indian efforts to escalate, while offering a path to peace, Ankara effectively used the war to enhance its own status in the post-American world order.
President Donald Trump has said the U.S. will not get involved, though Secretary of State Marco Rubio has held regular calls with his counterparts in India and Pakistan.
Saudi Arabia, Iran, and others are playing a key albeit unfamiliar role in trying to cool regional tensions, filling a vacuum vacated by the U.S.
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With last-minute U.S. mediation, cooler heads prevailed between India and Pakistan. But a flare-up is inevitable.
The Foreign Secretary will brief Parliamentary Committee on External Affairs on the current situation with Pakistan on May 19, said panel chairman Shashi Tharoor.
The Indian rupee is expected to appreciate past the 85 mark against the U.S. dollar at the open on Tuesday, supported by the India-Pakistan truce and a rally in the Chinese yuan on the back of the U.S.
The cessation of hostilities followed efforts by the US and other key powers to address fears of a full-blown shooting war between India and Pakistan