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Trump declared a national electricity emergency (11th March 2025)
President Trump initially declared a national electricity emergency in response to Ontario's 25% surcharge on electricity exports to the U.S., specifically targeting New York, Michigan, and Minnesota. He also threatened to double tariffs on Canadian steel and aluminum to 50%. However, after a productive conversation with U.S. officials, Ontario suspended the surcharge. Consequently, Trump did not proceed with the emergency declaration or the tariff increase. The situation highlights the ongoing trade tensions between the U.S. and Canada, with both sides seeking to negotiate terms under the U.S.-Mexico-Canada Agreement. Discussions are set to continue.
Parts of the US have a shock
Airtel and Jio tie up with Starlink in India
Airtel and Jio have entered into agreements with SpaceX to introduce Starlink satellite internet in India, pending regulatory approvals. Jio intends to incorporate Starlink into its broadband network, making services available through both retail outlets and online platforms. Meanwhile, Airtel aims to use Starlink to strengthen its broadband offerings, with a particular focus on rural areas. These partnerships seek to improve high-speed internet availability, especially in underserved regions. However, regulatory clearances and pricing concerns present major challenges. While Starlink has the potential to boost digital connectivity nationwide, its success will depend on affordability and obtaining the necessary approvals.
Putin’s specific conditions for peace talks (March 13, 2025)
Putin has set specific conditions for peace talks with Ukraine, requiring Kyiv to abandon its NATO aspirations and acknowledge Russian control over occupied territories. While these demands remain a point of contention, Ukraine has agreed to a 30-day ceasefire proposed by the US, awaiting Russia’s response. In light of this, the US has restarted military assistance and intelligence cooperation with Ukraine. Although Russia has not officially accepted the ceasefire, discussions with Washington could take place soon. Putin insists on a broader agreement that guarantees Russia’s long-term security, making negotiations complex and raising uncertainty about a lasting resolution.
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