International Affairs
Politics and Governance
Liberal Party claimed victory in Canada federal elections held on 29.04.2025, defeating the Conservative Party. The elections are significant for the political landscape in Canada (Capital: Ottawa).
Russian President Vladimir Putin (Russia, Capital: Moscow) announced a unilateral three-day ceasefire in Ukraine from May 8 to May 11, 2025. The ceasefire coincides with World War II Victory celebrations.
Ukrainian officials received Putin’s ceasefire announcement with skepticism and urged the Russian leader to accept a longer, more permanent truce proposed by the United States.
Military and Defense
The US Navy reported the loss of an F/A-18 Super Hornet fighter jet valued at approximately $60 million after it fell overboard from the USS Harry S. Truman aircraft carrier in the Red Sea.
Initial reports suggest the incident occurred when the aircraft carrier may have made a sudden turn to avoid fire from Houthi rebels who have been targeting cargo ships in the Red Sea.
The crew aboard the carrier managed to clear out of the jet’s way and no injuries were reported during the incident.
Legal Developments
Harvard University’s lawsuit against the Trump Administration had its first hearing in court. The case represents a significant legal challenge between one of America’s premier educational institutions and the former administration.
National Affairs
Security and Terrorism
Investigations continue into the April 22 Pahalgam terror attack in Jammu and Kashmir that claimed 26 lives, including 25 tourists. The National Investigation Agency is leading the investigation after visiting the site on April 23.
The Jammu and Kashmir Police announced a total bounty of Rs 60 lakh for information leading to the identification, arrest, or elimination of the individuals responsible for the Pahalgam attack.
Authorities identified three suspects in the Pahalgam attack – Adil Hussain Thoker (a resident of Anantnag) and two Pakistani nationals, Ali Bhai and Hashim Musa – all allegedly affiliated with Lashkar-e-Taiba.
Diplomatic Relations
The aftermath of the Pahalgam attack has escalated India-Pakistan tensions, with India accusing Pakistan of supporting cross-border terrorism, suspending the Indus Waters Treaty, expelling Pakistani diplomats, and closing borders.
Pakistan has denied India’s accusations and retaliated by suspending the Simla Agreement, restricting trade, and closing airspace to Indian carriers.
Border skirmishes between Indian and Pakistani forces have been reported along the Line of Control since April 24, further escalating regional tensions.
Economy and Infrastructure
The economic impact of recent security incidents and diplomatic tensions with Pakistan is being closely monitored by financial analysts, with potential implications for cross-border trade and investment climate.
Border closures and airspace restrictions between India and Pakistan are expected to affect regional commerce and travel routes, potentially requiring businesses to establish alternative supply chain arrangements.
