Xi, Modi Vow to Rebuild Ties During US Trade War, French Political Crisis | The Pulse 9/01/2025

Prime Minister Narendra Modi declared India and Russia share a “special” relationship, standing by each other in difficult times, in a defiant show of ties as Washington criticizes New Delhi over oil purchases. Modi used his opening remarks at a bilateral meeting with Russian President Vladimir Putin in China to signal that New Delhi’s ties with Moscow remain firm. In an unusual move, the two leaders rode together in Putin’s car to the meeting venue, spending about an hour conversing in the limo, according to people familiar with the matter.

Elsewhere, French Prime Minister Francois Bayrou struck a combative tone in his effort to gain support for a Sept. 8 confidence vote, while acknowledging that talks with political parties may fail to save his government from being ousted.

Today’s guests: Francesca Ghiretti, RAND Europe China Initiative Director, Laura Cooper, Nuveen Global Investment Strategist & Macro Credit Head.

"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.

Chapters:
00:00:00 – The Pulse
00:01:59 – Modi Hugs Putin and Hails Russia Ties in Defiance of Trump
00:04:15 – India Pushes Back Against US Moves on Russian Oil Imports
00:07:39 – Canadian Economy Shrinks
00:12:18 – Laura Cooper, Nuveen Global Investment Strategist & Macro Credit Head
00:18:02 – French Premier Acknowledges That Talks This Week May Fail
00:20:41 – Merz Sees War in Ukraine Dragging on
00:24:49 – Xi Vows More Loans, Investments to Boost China-Led Security Bloc
00:26:57 – Modi Shores Up Ties With China, Russia in Defiance of Trump
00:30:16 – Xi, Modi Vow to Rebuild Ties During US Trade War
00:30:24 – Modi Shores Up Ties With China, Russia in Defiance of Trump
00:30:44 – Francesca Ghiretti, RAND Europe China Initiative Director
00:34:08 – UK Parliament Returns from Summer Recess
00:37:31 – UK House Prices Post Surprise August Fall, Nationwide Says
00:41:59 – NATO Countries Boost Defense Spending
00:46:31 – OpenAI Plans India Data Center in Major Stargate Expansion
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