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Global after-effects of Pahalgoan massacre
BUSINESS ECONOMICS
|May 1 - 31, 2025
It is surprising that China has condemned the terrorist attack in Kashmir in no uncertain terms and has expressed a desire to be with the world's united effort to combat terrorism. If it is not mere rhetoric, China sides with India in taking steps to root out terrorism from its source, that is Pakistan.

In the last 50 years, there have been at least nine standoffs, including four full-scale wars between India and Pakistan, who are now both nuclear powers and the United Nations are already at work to defuse tensions which escalate into nuclear fallout. India's anger is understandable after the killing of 26 tourists in Pahalgoan - a first time attack on civilians, specifically on 'Hindu' male tourists. The Indian Prime Minister cries revenge of 'unimaginable magnitude' and has announced nullification of the Indus Waters Treaty (IWT) - a lifeline of Pakistan, closed trade borders, stopped issuing of visas, reduced manpower in consulates. Pakistan has reacted equally strongly by announcing to unfollow the Simla Treaty which assures peace at the line of control (LoC) and by asking Indian diplomats to leave Pakistan. Apparently, it's a preparation for another full scale war.
This story is from the May 1 - 31, 2025 edition of BUSINESS ECONOMICS.
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