Prime Minister Narendra Modi declared India and Russia share a “special” relationship, standing by each other in difficult times, in a defiant show of ties as Washington criticizes New Delhi over oil purchases. Modi used his opening remarks at a bilateral meeting with Russian President Vladimir Putin in China to signal that New Delhi’s ties with Moscow remain firm. In an unusual move, the two leaders rode together in Putin’s car to the meeting venue, spending about an hour conversing in the limo, according to people familiar with the matter.
Elsewhere, French Prime Minister Francois Bayrou struck a combative tone in his effort to gain support for a Sept. 8 confidence vote, while acknowledging that talks with political parties may fail to save his government from being ousted.
Today's guests: Francesca Ghiretti, RAND Europe China Initiative Director, Laura Cooper, Nuveen Global Investment Strategist & Macro Credit Head
(Source: Bloomberg)
