President Trump's travel ban, affecting citizens from 12 countries, is set to take effect, aiming to protect the U.S. from perceived terrorist threats. The ban, which restricts entry and imposes partial restrictions on several nations, has sparked dismay and disbelief internationally. Chad has retaliated by halting visas for U.S.
Chad's President, Mahamat Idriss Deby, announced a visa suspension for U.S. citizens. This is in response to the U.S. travel ban. Donald Trump had banned citizens from twelve countries, including Chad. He cited deficient screening as the reason. Other African nations like Republic of Congo and Sierra Leone reacted differently. Republic of Congo believes there was a misunderstanding.
Markets may enter a consolidation phase despite a better-than-expected Q4, says Sneha Poddar of Motilal Oswal. She expects real earnings momentum to emerge only in H2FY26, with Q2 likely marking the bottom. Time correction may continue as fresh triggers remain limited. Meanwhile, downgrade pressures may ease as global cues, including China and trade tensions, show signs of stabilizing.
The US has terminated Temporary Protected Status (TPS) for Nepal, initially granted after the 2015 earthquake. The Department of Homeland Security (DHS) will not extend TPS beyond its June 24 expiration, allowing a 60-day transition period. Approximately 7,000 Nepalis will be required to return to Nepal following the termination, as over 5,500 have already obtained legal permanent residency.
