Regional
India’s opposition Congress asks Modi to tax billionaires more
Jairam Ramesh, senior Congress party leader, said in a post on X that a 2% tax on the wealth of India’s estimated 167 billionaires could raise as much as 1.5 trillion rupees ($18 billion) or about 0.5% of gross domestic product.
India’s main opposition Congress party asked Prime Minister Narendra Modi on Friday to impose an additional tax on the country’s billionaires to generate funds for stretched public services like education and health.
The annual budget will be presented by Finance Minister Nirmala Sitharaman on July 23 at a time of deepening income inequality and high unemployment despite India’s world-beating economic growth of nearly 8% and booming stock markets, Reuters reported.
Jairam Ramesh, senior Congress party leader, said in a post on X that a 2% tax on the wealth of India’s estimated 167 billionaires could raise as much as 1.5 trillion rupees ($18 billion) or about 0.5% of gross domestic product.
“This could pay for schools, hospitals, renewable energy, and many more essential investments,” he said, urging the government to tax the super-rich more.
Wealth concentrated in the hands of the richest 1% of India’s population is at its greatest level for six decades and its percentage share of national income exceeds that of countries including Brazil and the United States, research group the World Inequality Lab, opens new tab reported earlier this year.
Opposition parties are pressing the government to take steps to increase spending on welfare programmes after Modi lost his majority in parliament and had to rely on coalition allies to return to office for the third time.
Government officials earlier ruled out the possibility of taxing the wealth of the ultra-rich, arguing it could encourage them to move to low-tax countries.
Congress also asked Modi to clarify what would be India’s position at the G20 meeting in Brazil later this month on the issue of supporting a global tax on billionaires, a proposal pushed by Brazil, which holds the G20 presidency this year.
Brazil’s proposal, crafted by French economist Gabriel Zucman from the independent EU Tax Observatory, calls for an annual 2% levy on fortunes exceeding $1 billion, which could raise up to $250 billion annually from about 3,000 individuals.
Regional
UNICEF reports 70 children killed in West Bank and East Jerusalem since 2025
The United Nations Children’s Fund (UNICEF) says 70 children have been killed in the occupied Palestinian territories excluding Gaza since the beginning of 2025, averaging about one child per week.
UNICEF also reported that more than 800 children have been injured in the West Bank and East Jerusalem during the same period. According to the agency, most of those killed or injured were struck by live ammunition, while others were stabbed, beaten, or exposed to pepper spray.
UNICEF spokesperson James Elder said the cases reflect “a sustained pattern of the worst kind of violations against children” during a briefing in Geneva following a visit to the West Bank.
The agency stated that 93% of the children killed since January 2025 were reportedly killed by Israeli forces, while others were killed in settler attacks, by unexploded ordnance, or in incidents involving Palestinian forces.
The Israeli military has not yet commented on the report.
Human rights organizations have previously reported an increase in violence against Palestinians by Israeli settlers and security forces since 2023.
Regional
Trump rejects Iran’s response to US peace proposal as ‘unacceptable’
President Donald Trump’s swift rejection of Iran’s response to a U.S. peace proposal sent oil prices surging higher on Monday amid concerns the 10-week-old conflict will drag on, keeping shipping through the Strait of Hormuz paralyzed.
Days after the U.S. floated an offer in the hopes of re-opening negotiations, Iran on Sunday released a response focused on ending the war on all fronts, especially Lebanon, where U.S. ally Israel is fighting Iran-backed Hezbollah militants. Tehran also included a demand for compensation for war damages and emphasized Iranian sovereignty over the Strait of Hormuz, Iranian state TV said, Reuters reported.
It also called on the U.S. to end its naval blockade, guarantee no further attacks, lift sanctions and end a U.S. ban on Iranian oil sales, the semi-official Tasnim news agency said.
Within hours, Trump dismissed Iran’s proposal with a post on social media.
“I don’t like it — TOTALLY UNACCEPTABLE,” Trump wrote on Truth Social, without giving further detail.
The U.S. had proposed an end to fighting before starting talks on more contentious issues, including Iran’s nuclear program.
Oil prices jumped $3 a barrel on Monday following news of the continued stalemate that leaves the narrow Strait of Hormuz largely closed. Before the war the waterway carried one-fifth of the world’s oil supply and has emerged as one of the central pressure points in the war.
Surveys show the war is unpopular with U.S. voters facing sharply higher gasoline prices less than six months before nationwide elections that will determine whether Trump’s Republican party retains control of Congress.
The U.S. has also found little international support, with NATO allies refusing calls to send ships to open the Strait of Hormuz without a full peace deal and an internationally mandated mission.
It’s not clear what fresh diplomatic or military steps may be ahead.
Trump is expected to arrive in Beijing on Wednesday. With mounting pressure to draw a line under the war and the global energy crisis it has ignited, Iran is among topics Trump and Chinese President Xi Jinping are set to discuss.
Trump has been leaning on China to use its influence to push Tehran to make a deal with Washington.
Addressing whether combat operations against Iran were over, Trump said in remarks aired on Sunday: “They are defeated, but that doesn’t mean they’re done.”
Israeli Prime Minister Benjamin Netanyahu said the war was not over because there was “more work to be done” to remove enriched uranium from Iran, dismantle enrichment sites and address Iran’s proxies and ballistic missile capabilities.
The best way to remove the enriched uranium would be through diplomacy, Netanyahu said in an interview that aired Sunday on CBS News’ “60 Minutes.” But he did not rule out removing it by force.
Iran’s President Masoud Pezeshkian said in a social media post that Iran would “never bow down to the enemy” and would “defend national interests with strength.”
Despite diplomatic efforts to break a deadlock, the threat to shipping lanes and the economies of the region remained high.
Recent days have seen the biggest flare-ups in fighting in and around the strait since a ceasefire began.
On Sunday, the United Arab Emirates said it intercepted two drones coming from Iran, while Qatar condemned a drone attack that hit a cargo ship coming from Abu Dhabi in its waters. Kuwait said its air defences had dealt with hostile drones that entered its airspace.
Clashes have also continued in southern Lebanon between Israel and Iran-backed militant group Hezbollah, despite a U.S.-brokered ceasefire announced on April 16.
An end to hostilities with Iran would not necessarily bring an end to the war in Lebanon, Netanyahu said in the “60 Minutes” interview, in which he also said Israeli planners had underestimated Iran’s ability to choke off traffic through the Hormuz Strait.
“It took a while for them to understand how big that risk is, which they understand now,” he said.
Regional
Fourteen Pakistani police officers killed in KP car bombing and shootout
The death toll from a suicide attack on a security post in northwest Pakistan rose to 14 police officers, authorities said early Sunday.
A suicide bomber and several gunmen detonated an explosives-laden vehicle near the post in Bannu, a district in Khyber Pakhtunkhwa province, late Saturday, said senior police official Sajjad Khan. The attack triggered an intense shootout, and some officers were killed in the exchange, while others died later after the building collapsed, the Associated Press reported.
Rescuers conducted an hourslong search operation using heavy machinery to retrieve bodies from under the rubble, Khan said, adding that three police officers were wounded in the attack.
Security forces have also launched an operation to track down the perpetrators.
A newly formed militant group, Ittehad-ul-Mujahideen Pakistan, claimed responsibility for the attack.
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