Labour's Shadow Defence Secretary, John Healey, has resigned, citing the Treasury's perceived reluctance to view defence investment as an economic driver rather than a fiscal burden. His departure follows protracted delays in the government's military spending plan.
US President Donald Trump is scheduled to meet Chinese President Xi Jinping in Beijing this week, marking the first US presidential visit to China in nearly a decade. The discussions are expected to focus on the ongoing trade dispute between the two economic powers and the implications of the Iran conflict.
Prime Minister Narendra Modi has called on Indian citizens to adopt austerity measures, including working from home and restricting international travel, in response to increased global energy prices caused by the ongoing US-Israeli war on Iran. The directive, aimed at conserving foreign exchange and reducing fuel consumption, comes as India faces significant economic strain from the conflict, which has disrupted oil supplies through the Strait of Hormuz.
