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February 17, 2025: Key Developments in Global Politics and Economy

On February 17, 2025, Ukraine’s President emphasizes non-recognition of agreements without Ukraine’s input; Congress distances itself from comments on China; Sri Lanka’s President decries excessive tariffs; Qatar’s Amir to meet Indian officials; Israel targets Hamas leadership; Karnataka prepares budget; Adani pledges school funding; political tensions in India rise; Finance Ministry reassures economic stability; and Khelo India Games postponed due to snowless conditions.

On February 17, 2025, President Volodymyr Zelenskyy of Ukraine reiterated that his country will not acknowledge any agreements made without its input. He expressed frustration over the lack of notification regarding upcoming discussions between Russia and the U.S., asserting that Ukraine’s involvement is critical for any discussions impacting its sovereignty.

In a political response, Congress leader Jairam Ramesh clarified that the views of Sam Pitroda regarding China do not represent the party’s stance. Pitroda suggested that the perceived threat from China is overstated and advocated for a more balanced approach towards China.

Sri Lanka’s President Anura Kumara Dissanayake commented on the Adani Group’s withdrawal from a renewable energy project, emphasizing that awarding projects at an excess tariff, specifically $8.26 cents, cannot be justified. He indicated a commitment to fair energy investments without favoritism to any company or nation.

Amir of Qatar, Sheikh Tamim Bin Hamad Al-Thani, is set to visit India on February 17-18, 2025, where he will meet with President Droupadi Murmu and Prime Minister Narendra Modi. The visit aims to enhance bilateral relations between the two nations.

The Israeli military reported the elimination of a Hamas leader in southern Lebanon, citing that Muhammad Shaheen had been involved in orchestrating terrorist activities against Israel, allegedly with Iranian support.

In Karnataka, Chief Minister Siddaramaiah is preparing to present his 16th budget on March 7. Amid calls for reduced funding to certain guarantees, he affirmed there are no plans to cut financial allocations.

The Adani Group announced a donation of ₹2,000 crore towards establishing 20 schools nationwide, contributing to its larger philanthropic commitment following the wedding of Gautam Adani’s son.

The BJP leveraged Pitroda’s comments to criticize the Congress party, asserting there’s inconsistency with previous statements regarding China. This reflects ongoing political tensions surrounding national security discourse.

Finance Minister Nirmala Sitharaman addressed concerns about foreign portfolio investments leaving the Indian stock market, reassuring that the country’s economic fundamentals remain solid.

Deputy Chief Minister Ajit Pawar refrained from discussing the resignation of Minister Dhananjay Munde amidst controversy surrounding an extortion case linked to a murder, suggesting reporters direct queries to Munde himself.

BSP chief Mayawati raised alarms concerning potential foreign interference in Indian elections, specifically referencing a report alleging $21 million was funneled by a U.S. agency to increase voter turnout.

The second leg of the Khelo India Winter Games, scheduled to commence on February 17 in Gulmarg, was postponed due to inadequate snowfall. Fresh dates for the event will be communicated after reassessing the weather conditions.

The top news highlights significant political and economic developments in Ukraine, India, and Sri Lanka, along with regional security issues related to Israel and Lebanon. Emphasis on Ukraine’s sovereignty, party contradictions within Indian politics, and major financial commitments from corporate entities reflects the current landscape of governance and public interest.

Original Source: www.thehindu.com

Lila Khan

Lila Khan is an acclaimed journalist with over a decade of experience covering social issues and international relations. Born and raised in Toronto, Ontario, she has a Master's degree in Global Affairs from the University of Toronto. Lila has worked for prominent publications, and her investigative pieces have earned her multiple awards. Her insightful analysis and compelling storytelling make her a respected voice in contemporary journalism.

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