Trump-India-Pakistan-Crypto
In a recent reversal of direction, India is being penalized by the US. Previous administrations have courted this major economy as it is soon to surpass Germany to become the third largest after the US and China. This US shift away from India and more favorable to Pakistan was a personal Trump decision and not done through any general shift in US foreign policy.
This move might be a head scratcher if you didn’t know that the Trump family now has a 60% stake in World Liberty Financial which has an agreement with the Pakistan Crypto Council to promote blockchain technology. The goal is to transform Pakistan into a South Asian crypto hub. Delegates from the Trump family met with Pakistan’s army chief and prime minister to finalize the deal.
The excuse given for the shift away from India and toward Pakistan dealt with rare earths and oil. There was no mention of the Trump family crypto-Pakistan connection. The US will now sell some oil to Pakistan and there may be some untapped rare earth minerals that the US could purchase. It is the timing of the Trump family’s financial interest in Pakistan’s crypto market that is raising eyebrows. The question that should be asked is how much money is the president making with the leverage he has over US foreign policy?
Postscript: Both Osama bin Laden and Ramzi Yousef were captured in Pakistan. It should also be noted that Islamabad put forward Trump’s name for the 2026 Nobel Peace Prize as Trump boasted he should have already won it “four or five times” and complaining that they only “give it to liberals.” That would leave me asking why he would want such a “liberal prize” in the first place.
No comments:
Post a Comment