World
Musk announces forming of ‘America Party’ in further break from Trump
Trump earlier this week threatened to cut off the billions of dollars in subsidies that Musk’s companies receive from the federal government.
The tattered bromance between Republican President Donald Trump and his main campaign financier Elon Musk took another fractious turn on Saturday when the space and automotive billionaire announced the formation of a new political party, saying Trump’s “big, beautiful” tax bill would bankrupt America.
A day after asking his followers on his X platform whether a new U.S. political party should be created, Musk declared in a post on Saturday that “Today, the America Party is formed to give you back your freedom.”
“By a factor of 2 to 1, you want a new political party and you shall have it!” he wrote.
The announcement from Musk comes after Trump signed his self-styled “big, beautiful” tax-cut and spending bill into law on Friday, which Musk fiercely opposed.
Musk, who became the word’s richest man thanks to his Tesla car company and his SpaceX satellite firm, spent hundreds of millions on Trump’s re-election and led the Department of Government Efficiency from the start of the president’s second term aimed at slashing government spending.
The two have since fallen out spectacularly over disagreements about the bill.
Musk said previously that he would start a new political party and spend money to unseat lawmakers who supported the bill.
Trump earlier this week threatened to cut off the billions of dollars in subsidies that Musk’s companies receive from the federal government.
Republicans have expressed concern that Musk’s on-again, off-again feud with Trump could hurt their chances to protect their majority in the 2026 midterm congressional elections.
Asked on X what was the one thing that made him go from loving Trump to attacking him, Musk said: “Increasing the deficit from an already insane $2T under Biden to $2.5T. This will bankrupt the country.”
He referenced the growth of Greece from subjugation to preeminence in the ancient world in another tweet, saying: “The way we’re going to crack the uniparty system is by using a variant of how Epaminondas shattered the myth of Spartan invincibility at Leuctra: Extremely concentrated force at a precise location on the battlefield.”
There was no immediate comment from Trump or the White House on Musk’s announcement.
The feud with Trump, often described as one between the world’s richest man and the world’s most powerful, has led to several precipitous falls in Tesla’s share price.
The stock soared after Trump’s November reelection and hit a high of more than $488 in December, before losing more than half of its value in April and closing last week out at $315.35.
Despite Musk’s deep pockets, breaking the Republican-Democratic duopoly will be a tall order, given that it has dominated American political life for more than 160 years, while Trump’s approval ratings in polls in his second term have generally held firm above 40 percent, despite often divisive policies.
World
Putin visits India for first time since 2022 Ukraine invasion
Russian President Vladimir Putin will begin a two-day trip to India on Thursday, his first since launching the full-scale invasion of Ukraine, as Moscow seeks to reinforce defense and trade ties with New Delhi amid rising pressure from the Trump administration over India’s continued purchases of Russian oil.
Putin will travel with a high-level delegation that includes Defense Minister Andrei Belousov.
Media reports suggest the two countries may revisit a long-delayed fighter jet agreement during the visit.
India’s Prime Minister Narendra Modi is scheduled to host Putin for a private dinner on Thursday, followed by a summit meeting and business engagements on Friday.
Kremlin spokesman Dmitry Peskov said Russia’s S-400 air defense systems would be a “significant” point of discussion, underscoring the central role of military cooperation in the relationship. India has so far received three of the five S-400 units ordered in 2018, with remaining shipments delayed by Western sanctions and supply disruptions linked to the war in Ukraine.
Reports also indicate that Moscow may propose jointly manufacturing its Su-57 fighter jet in India. Russia remains a major source of India’s defense equipment, though its share of India’s arms imports has declined as New Delhi expands domestic production.
The visit comes shortly after U.S. President Donald Trump imposed 50% tariffs on most Indian exports, arguing that India’s reliance on discounted Russian crude indirectly supports Moscow’s war effort. India has emerged as a major buyer of Russian oil since 2022, saving billions of dollars, though it has recently scaled back purchases as Washington tightened sanctions on producers such as Rosneft and Lukoil.
Indian officials worry that new defense or energy deals with Moscow could trigger additional retaliation from Washington at a sensitive moment in U.S.–India trade talks.
Speaking to Indian media, Peskov dismissed concerns over U.S. measures. “What matters to us is maintaining and increasing our business with India without interference,” he said.
Analysts say neither country is likely to abandon the relationship. Even if India further reduces its intake of Russian crude, Moscow remains indispensable as a supplier of parts for India’s large stock of Russian-made military platforms.
“There may be some reduction in energy purchases under U.S. pressure,” said Nandan Unnikrishnan of the Observer Research Foundation in New Delhi, “but the overall direction of the ties will be maintained because both countries need each other at the strategic level.”
Bilateral trade reached $68.7 billion in 2024–25, nearly six times the pre-pandemic figure, though Indian exports accounted for less than $5 billion. New Delhi has been pressing Moscow to open more space for Indian pharmaceuticals, automobiles and service-sector companies.
Analysts say the visit gives both leaders an opportunity to assess the geopolitical landscape, including the war in Ukraine, and signal continuity in the partnership.
“For India, the optics underscore its commitment to strategic autonomy, and for Putin—who rarely travels—the trip highlights the importance he places on the relationship,” said Harsh V. Pant of King’s College London.
A senior Indian Foreign Ministry official, speaking anonymously, described Russia–India ties as among the “most stable relationships in modern times,” urging observers to view the visit in its bilateral context.
“This is just another annual summit between two countries with a steady relationship,” the official said.
World
Russia says no Ukraine compromise after five-hour Putin meeting with Trump envoys
The late-night meeting at the Kremlin brought together Putin, Trump’s special envoy Steve Witkoff, and Trump’s son-in-law Jared Kushner.
Russia and the United States failed to reach a compromise on a potential peace deal to end the war in Ukraine following five hours of talks between President Vladimir Putin and U.S. President Donald Trump’s top envoys, the Kremlin said on Wednesday.
The late-night meeting at the Kremlin brought together Putin, Trump’s special envoy Steve Witkoff, and Trump’s son-in-law Jared Kushner. The discussions stretched past midnight but produced no breakthrough, according to Kremlin foreign policy aide Yuri Ushakov.
“Compromises have not yet been found,” Ushakov told reporters. “There is still a lot of work to be done.”
He said Putin reacted negatively to some U.S. proposals and that the two sides remained divided on key issues, including the “territorial problem” — Russia’s claim to the entire Donbas region.
Ukraine continues to control roughly 5,000 square kilometers of territory that Moscow asserts as its own, although almost all countries recognize Donbas as part of Ukraine.
Witkoff later visited the U.S. Embassy in Moscow to brief the White House, Ushakov said.
While describing the talks as “constructive,” Ushakov stressed that no meeting between Putin and Trump is planned at this stage. He added that both sides had agreed not to disclose further details of the discussions.
Trump, speaking earlier in Washington, called the conflict “a mess” and said his envoys were in Moscow to explore whether a settlement was possible. He cited casualty estimates of 25,000 to 30,000 per month in the ongoing war.
Russia launched its full-scale invasion of Ukraine in February 2022, triggering the most severe confrontation between Moscow and the West since the Cold War.
Concerns Among European Allies
The talks come amid unease in European capitals after a leaked set of 28 draft U.S. peace proposals appeared in November, prompting fears that Washington was leaning too far toward Moscow’s demands. European powers subsequently drafted counter-proposals, and U.S. and Ukrainian officials said they had produced an “updated and refined peace framework” during follow-up discussions in Geneva.
Ukrainian President Volodymyr Zelenskiy, speaking in Dublin, said he feared the U.S. might lose interest in the peace process and warned against negotiations taking place “behind Ukraine’s back.”
“There will be no easy solutions,” he said. “It is important that everything is fair and open.”
Just hours before meeting Witkoff and Kushner, Putin said Russia did not seek war with Europe but warned that any conflict would end “so swiftly” that negotiations afterward would be meaningless. He also threatened to cut Ukraine’s access to the sea in response to recent drone attacks on Russia’s “shadow fleet” in the Black Sea.
Ukraine’s foreign minister, Andrii Sybiha, said Putin’s remarks showed he was not prepared to end the war.
World
Pope Leo: Palestinian state ‘only’ solution to Israeli conflict
Leo, who usually prefers using careful, diplomatic language, ramped up criticism earlier this year of Israel’s military campaign in Gaza.
Pope Leo said on Sunday that the only solution in the decades-long conflict between Israel and the Palestinian people must include a Palestinian state, reaffirming the Vatican’s position.
“We all know that at this time Israel still does not accept that solution, but we see it as the only solution,” Leo, the first U.S. pope, told journalists on a flight from Turkey to Lebanon during his first in-flight press conference.
“We are also friends with Israel and we are seeking to be a mediating voice between the two parties that might help them close in on a solution with justice for everyone,” added the pope, speaking in Italian.
Israel’s Prime Minister Benjamin Netanyahu has reaffirmed opposition to a Palestinian state after even its biggest ally the U.S. indicated support for Palestinian independence.
Leo spoke in a brief eight-minute press conference focused on his visit to Turkey, which he visited from Thursday to Sunday on his first overseas trip since election in May as leader of the 1.4 billion-member Catholic Church.
The pope said he and Turkish President Tayyip Erdogan discussed both the Israel-Palestinian and Ukraine-Russia conflicts. Turkey has an important role to play helping end both wars, Leo said.
During his visit to Turkey, the pope warned that humanity’s future was at risk because of the world’s unusual number of bloody conflicts and condemned violence in the name of religion.
Leo, who usually prefers using careful, diplomatic language, ramped up criticism earlier this year of Israel’s military campaign in Gaza.
Turkey is predominantly Muslim but is also home to Ecumenical Patriarch Bartholomew, spiritual leader of the world’s 260 million Orthodox Christians.
Leo praised Turkey as an example of religious co-existence.
“People of different religions are able to live in peace,” said the pope. “That is one example of what I think we all would be looking for throughout the world.”
Leo is visiting Lebanon until Tuesday, when he returns to Rome.
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