New Delhi/Dhaka: India may be left with the onerous task of navigating a diplomatic minefield after Bangladesh interim govt formally sought ousted PM Sheikh Hasina's extradition. The foreign ministry on Monday confirmed it had received a note verbale from the Bangladesh high commission, but said it had no comment to offer on the matter. The extradition request followed an arrest warrant issued against Hasina over her alleged involvement in " crimes against humanity " during student protests that led to her downfall this Aug. Confirming the development in Dhaka, foreign affairs adviser Md Touhid Hossain referred to Bangladesh's desire to try her in the cases. The Centre is expected to come up with a more elaborate response at some stage, couched in legal and diplomatic terms, but it's unlikely to act on the request anytime soon, from what TOI has learnt. Hasina's son Sajeeb Wazed Joy reacted sharply, calling it a "political witch hunt to persecute" Awami League brass. He accused "judges and prosecutors appointed by the unelected Yunus-led regime of conducting a farcical trial in a kangaroo tribunal " against her. Extradition under the 2013 treaty that India has with Bangladesh can be a lengthy and complex affair, given that Hasina will most certainly challenge it in court, and also the need for India to balance its legal commitments with geopolitical considerations. Article 6 of the treaty says extradition may be refused if the offence for which it is requested is of political nature. India can also cite Article 8 that says a person may not be extradited if he can convince the requested state that the accusation against him "not having been made in good faith in the interests of justice". Beyond the legalities though, there are two compelling reasons for India to refuse the extradition and which continue to play on the minds of Indian foreign policy mandarins. First, it doesn't behove a country aspiring for great power status to turn its back on a long-time friend and ally who diligently served its interests. "Handing over Hasina is not an option. It will send a terrible message globally that India can't protect someone who worked closely with us,'' said a former ambassador, who follows Bangladesh closely, on condition of anonymity. The second reason is the need for India to protect the left-liberal apparatus, or whatever that is left of it, that has been jettisoned by the right-wing Islamist forces who are threatening to plunge the country into chaos. India realises that abandoning Hasina now will send a wrong message to her still considerable support base who can play an important role in balancing the increasing political and religious extremism. This is crucial for India as the ascendant radical forces in Bangladesh are unlikely to come round to working constructively with the Indian govt, even as the Indian govt continues to maintain that it accords the highest priority to the interests of the people of Bangladesh. The ongoing efforts by the interim govt in Bangladesh to rebuild ties with Pakistan clearly serve as an indicator. However, for India, the fact that it couldn't successfully pursue the third option – of finding a haven for Hasina abroad – will continue to rankle. "Perhaps we should have worked harder to convince countries like the UAE or even Saudi Arabia, with which we have good ties, to take her,'' said the ambassador. With Bangladesh officially seeking her extradition, that option probably just vanished. Stay updated with the latest news on Times of India . Don't miss daily games like Crossword , Sudoku , and Mini Crossword . Spread love this holiday season with these Christmas wishes , messages , and quotes.
Formula 1 expands grid to add General Motors' Cadillac brand and new American team for 2026 seasonThe Raiders designated quarterback Aidan O’Connell to return from injured reserve Monday, the team announced. Coach Antonio Pierce said O’Connell will participate in a walk-through Tuesday but wouldn’t commit to O’Connell playing against the Chiefs on Friday. Gardner Minshew is out for the season with a broken collarbone. O’Connell hasn’t played since breaking the thumb on his throwing hand in a Week 7 game against the Rams. “Just seeing him being able to grip the ball comfortably — hopefully there’s no pain there — and just being able to be efficient,” Pierce said of what he needs to see from O’Connell this week, via Tashan Reed of TheAthletic.com. “To put a player out there that’s hurting or injured still, that’s not in the benefit of the player or the team.” The Raiders benched Minshew for O’Connell against the Broncos in Week 5, and the plan was for O’Connell to start the rest of the way until his injury. Desmond Ridder will start if O’Connell isn’t ready. “At the quarterback position, you’ve got to be smart,” Pierce said. “[O’Connell’s] future is much brighter looking ahead. He’s a young player. We’ve just got to be smart. We have a good relationship, Aidan and myself, and he speaks honestly with me, and I speak honestly with him.”
What both sides are saying about the ceasefire deal between Israel and Lebanon's Hezbollah
Stock market today: Wall Street wavers at the start of a holiday-shortened weekFS KKR Capital's FSK short percent of float has fallen 18.92% since its last report. The company recently reported that it has 3.35 million shares sold short , which is 1.2% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.09 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish. See Also: List of the most shorted stocks FS KKR Capital Short Interest Graph (3 Months) As you can see from the chart above the percentage of shares that are sold short for FS KKR Capital has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted. Comparing FS KKR Capital's Short Interest Against Its Peers Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis. According to Benzinga Pro , FS KKR Capital's peer group average for short interest as a percentage of float is 3.26%, which means the company has less short interest than most of its peers. Did you know that increasing short interest can actually be bullish for a stock? This post by Benzinga Money explains how you can profit from it. This article was generated by Benzinga's automated content engine and was reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.House Ethics Committee accuses Gaetz of 'regularly' paying for sex, including with 17-year-old girl
LAS VEGAS (AP) — Formula 1 on Monday at last said it will expand its grid in 2026 to make room for an American team that is partnered with General Motors. “As the pinnacle of motorsports, F1 demands boundary-pushing innovation and excellence. It’s an honor for General Motors and Cadillac to join the world’s premier racing series, and we’re committed to competing with passion and integrity to elevate the sport for race fans around the world," GM President Mark Reuss said. "This is a global stage for us to demonstrate GM’s engineering expertise and technology leadership at an entirely new level.” The approval ends years of wrangling that launched a U.S. Justice Department investigation into why Colorado-based Liberty Media, the commercial rights holder of F1, would not approve the team initially started by Michael Andretti. Andretti in September stepped aside from leading his namesake organization, so the 11th team will be called Cadillac F1 and be run by new Andretti Global majority owners Dan Towriss and Mark Walter. The team will use Ferrari engines its first two years until GM has a Cadillac engine built for competition in time for the 2028 season. Towriss is the the CEO and president of Group 1001 and entered motorsports via Andretti's IndyCar team when he signed on financial savings platform Gainbridge as a sponsor. Towriss is now a major part of the motorsports scene with ownership stakes in both Spire Motorsports' NASCAR team and Wayne Taylor Racing's sports car team. Walter is the chief executive of financial services firm Guggenheim Partners and the controlling owner of both the World Series champion Los Angeles Dodgers and Premier League club Chelsea. “We’re excited to partner with General Motors in bringing a dynamic presence to Formula 1," Towriss said. “Together, we’re assembling a world-class team that will embody American innovation and deliver unforgettable moments to race fans around the world.” Mario Andretti, the 1978 F1 world champion, will have an ambassador role with Cadillac F1. But his son, Michael, will have no official position with the organization now that he has scaled back his involvement with Andretti Global. “The Cadillac F1 Team is made up of a strong group of people that have worked tirelessly to build an American works team,” Michael Andretti posted on social media. “I’m very proud of the hard work they have put in and congratulate all involved on this momentous next step. I will be cheering for you!” The approval has been in works for weeks but was held until after last weekend's Las Vegas Grand Prix to not overshadow the showcase event of the Liberty Media portfolio. Max Verstappen won his fourth consecutive championship in Saturday night's race, the third and final stop in the United States for the top motorsports series in the world. Grid expansion in F1 is both infrequent and often unsuccessful. Four teams were granted entries in 2010 that should have pushed the grid to 13 teams and 26 cars for the first time since 1995. One team never made it to the grid and the other three had vanished by 2017. There is only one American team on the current F1 grid — owned by California businessman Gene Haas — but it is not particularly competitive and does not field American drivers. Andretti’s dream was to field a truly American team with American drivers. The fight to add this team has been going on for three-plus years and F1 initially denied the application despite approval from F1 sanctioning body FIA . The existing 10 teams, who have no voice in the matter, also largely opposed expansion because of the dilution in prize money and the billions of dollars they’ve already invested in the series. Andretti in 2020 tried and failed to buy the existing Sauber team. From there, he applied for grid expansion and partnered with GM, the top-selling manufacturer in the United States. The inclusion of GM was championed by the FIA and president Mohammed Ben Sulayem, who said Michael Andretti’s application was the only one of seven applicants to meet all required criteria to expand F1’s current grid. “General Motors is a huge global brand and powerhouse in the OEM world and is working with impressive partners," Ben Sulayem said Monday. "I am fully supportive of the efforts made by the FIA, Formula 1, GM and the team to maintain dialogue and work towards this outcome of an agreement in principle to progress this application." Despite the FIA's acceptance of Andretti and General Motors from the start, F1 wasn't interested in Andretti — but did want GM. At one point, F1 asked GM to find another team to partner with besides Andretti. GM refused and F1 said it would revisit the Andretti application if and when Cadillac had an engine ready to compete. “Formula 1 has maintained a dialogue with General Motors, and its partners at TWG Global, regarding the viability of an entry following the commercial assessment and decision made by Formula 1 in January 2024,” F1 said in a statement. “Over the course of this year, they have achieved operational milestones and made clear their commitment to brand the 11th team GM/Cadillac, and that GM will enter as an engine supplier at a later time. Formula 1 is therefore pleased to move forward with this application process." Yet another major shift in the debate over grid expansion occurred earlier this month with the announced resignation of Liberty Media CEO Greg Maffei, who was largely believed to be one of the biggest opponents of the Andretti entry. “With Formula 1’s continued growth plans in the US, we have always believed that welcoming an impressive US brand like GM/Cadillac to the grid and GM as a future power unit supplier could bring additional value and interest to the sport," Maffei said. "We credit the leadership of General Motors and their partners with significant progress in their readiness to enter Formula 1." AP auto racing: https://apnews.com/hub/auto-racing
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