Economic Impact

Tahawwur Rana’s Extradition: A Turning Point in India-U.S. Relations and Global Counterterrorism

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Introduction The recent announcement concerning the extradition of Tahawwur Rana has drawn significant attention due to its implications for India-U.S. relations and global counterterrorism efforts. During a joint press conference, U.S. President Donald Trump and Indian Prime Minister Narendra Modi emphasized the importance of this movement towards justice, particularly in relation to the allegations against … Read more

Bank of England Warns of Delays in CHAPS Payment System, Urging Contingency Planning

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UKBANIn a recent announcement, the Bank of England has issued a warning regarding delays in the CHAPS payment system. The Clearing House Automated Payment System (CHAPS) is a same-day sterling payment service that is crucial for facilitating large and time-sensitive transactions in the UK financial system. According to the Bank of England, CHAPS has been … Read more