Facebook Pixel Alaska summit: High on theatre but telling all the same | Mint Mumbai - newspaper - Lees dit verhaal op Magzter.com

Poging GOUD - Vrij

Alaska summit: High on theatre but telling all the same

Mint Mumbai

|

August 20, 2025

It affirmed Trump's policy inconstancy and justified the path that Modi has set for India

- SRINATH SRIDHARAN

Alaska was a distant geography to most of us—until last Friday. Now, it is the theatre. A stage for superpowers to feed their egos. Alaska was once Russian, but has been American since 1867.

America's northern-most state holds symbolism as a reminder of the two countries being neighbours, no doubt, but its choice as a summit venue seemed calculated to flatter US President Donald Trump's peace ambitions, while giving Russian President Vladimir Putin a platform to play the statesman.

Their 15 August meeting was portrayed as a serious attempt to end the Ukraine War, but it revealed itself as a show designed to massage Trump's ego that ended up showing Putin's ability to get his way.

Trump emerged from the Alaska summit to declare there was "no deal until there's a deal." Putin, with deliberate ambiguity, claimed an "understanding" had been reached. Both statements said more about the men themselves than about the fate of war-ravaged Ukraine.

For Trump, hedging is a way of keeping the drama alive, prolonging his appearance as a central actor in the pursuit of world peace. For Putin, the summit signalled progress without committing to anything substantive. It was a textbook example of show and not-tell, where stagecraft mattered more than outcomes.

That the psychology of their exchange has been a matter of speculation is not a surprise. Trump has long admired Putin, once calling him a genius after Russia's invasion of Ukraine. In return, Putin walked away without making concessions, while planting the idea of a subsequent meeting to be held in Moscow—a bait Trump appeared to take.

MEER VERHALEN VAN Mint Mumbai

Mint Mumbai

Mint Mumbai

Cement firms turn defensive as war shock spikes costs

Cement makers are responding with fuel substitution, long-term sourcing contracts

time to read

3 mins

May 15, 2026

Mint Mumbai

Mint Mumbai

Tata Motors PV revenue dips

The firm posted its first annual revenue decline in five years and a FY26 operating loss, hurt by JLR headwinds

time to read

3 mins

May 15, 2026

Mint Mumbai

ASK launches ₹2,500-cr 2nd pvt credit fund

ASK Alternates, part of the Blackstone-backed ASK Asset & Wealth Management Group, launched its second private credit fund with a target corpus of ₹2,500 crore, including a ₹1,500 crore green-shoe option, a top executive at the company said.

time to read

1 min

May 15, 2026

Mint Mumbai

Mint Mumbai

Kaynes Technology misses Street estimates, FY26 guidance

Kaynes Technology India plunged more than 19% on Thursday as India’s third-largest electronics manufacturer drew investor ire over missing revenue and cash flow targets and failing to provide guidance for 2026-27.

time to read

1 mins

May 15, 2026

Mint Mumbai

Mint Mumbai

AI reshapes pricing models at top IT firms

Infosys, Cognizant see a rise in fixed-price and outcome-based contracts

time to read

3 mins

May 15, 2026

Mint Mumbai

Warsh confirmed to lead Fed in narrowest vote ever

The US Senate narrowly confirmed Kevin Warsh as chair of the Federal Reserve (Fed), setting up the most controversial leadership transition at the US central bank in decades and a test of its political independence.

time to read

1 min

May 15, 2026

Mint Mumbai

Honda posts first annual loss in 70 yrs

Honda Motor posted its first annual loss in nearly 70 years as a listed company on Thursday, hit by more than $9 billion in costs to restructure its electric-vehicle (EV) business, and the firm scrapped its long-term EV sales target.

time to read

1 min

May 15, 2026

Mint Mumbai

Sebi plans overhaul of commodity options framework

Market regulator Securities and Exchange Board of India (Sebi) on Thursday proposed removing the “close-to-the-money” (CTM) category in commodity options contracts as part of a broader clean-up of India’s derivatives regulations aimed at simplifying trading and reducing compliance burdens for exchanges.

time to read

1 min

May 15, 2026

Mint Mumbai

Mint Mumbai

Why fast-food players are prepping fresh India serving

Several global brands that once struggled to find a foothold in India are eyeing a comeback

time to read

3 mins

May 15, 2026

Mint Mumbai

Mint Mumbai

Wholesale inflation surges to 42-month high in April

A jump in crude oil prices in the wake of the West Asia war lifted wholesale inflation to 8.3%

time to read

2 mins

May 15, 2026

Listen

Translate

Share

-
+

Change font size