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Qatar royalty seems to have had little use for it, but Trump can barely wait

Donald Trump has reportedly been offered a $400 million Boeing 747-8 jet by Qatar's royal family as a temporary Air Force One replacement. This luxury aircraft, previously used by Qatar's elite, boasts lavish interiors and advanced technology. However, the offer has sparked controversy, with concerns raised about potential emoluments clause violations and security risks associated with using a foreign-built jet.

Donald Trump defended the potential acquisition of a $400 million jet from Qatar for the Department of Defense, dismissing concerns about it being a personal gift. He rebuked a reporter questioning the deal, likening it to accepting a 'gimme' in golf.

Wall Street anticipates losses as initial trade truce optimism fades, shifting focus to corporate earnings and inflation data. UnitedHealth Group's shares plummeted due to revised financial forecasts and CEO transition. Boeing experienced a boost from China potentially lifting a ban on deliveries. Asian markets showed mixed reactions, while European markets edged higher. Xi Jinping cautioned against trade wars, emphasizing cooperation.

The European Union is ready with a list of US goods for tariffs. This is in response to Donald Trump's trade actions. Boeing could be affected. The European Union is also starting a case at the World Trade Organisation. This challenges Trump's tariffs. Ursula von der Leyen wants a deal with the US. But the EU is ready for any outcome.

Qatar's influence in America faces scrutiny. The Gulf state's economic power funds its presence in US military, academia, politics, media, and business. Qatar is a major donor to US universities and spends millions on lobbying. Its wealth fund invests in US infrastructure. Critics raise concerns about academic freedom and foreign policy influence.

Elon Musk amplified a video on X showcasing US President Donald Trump's motorcade in Doha, Qatar, escorted by Tesla Cybertrucks with red hoods. Trump's Middle East tour, aimed at boosting business ties, included a stop in Saudi Arabia where tech leaders like Musk gathered to discuss investment and trade policies with Saudi officials.

The Sanjha Pariwar Sat Sri Akal Charitable Trust honored global Sikh achievers at the Sikh Achievers Awards in Mumbai. Awardees included Tejdeep Kaur Menon, the first female DGP from South India, and six-year-old AI expert Ranvir Singh Sachdeva.

Reports are circulating about a $400 million jet potentially gifted to President Trump by Qatar, sparking ethical debates. This isn't the only lavish present received by US Presidents; past gifts include pandas from China, jewellery from Saudi Arabia and Brunei, and art from Russia. These expensive items raise questions about protocol and potential influence. Read more below!

Emirates Airline has announced a staggering USD 5.2 billion in annual profits, solidifying its position as a global aviation leader. The Dubai-based carrier transported 53.7 million passengers, contributing to the Emirates Group's overall USD 5.6 billion profit. Bolstered by Dubai's booming tourism and strategic East-West connectivity, Emirates is expanding its fleet with Airbus A350s.

Let’s begin with the obvious. The United States Constitution, that revered parchment from the age of powdered wigs and horse-drawn carriages, contains a small but potent clause called the Foreign Emoluments Clause. It explicitly bars federal officials from accepting “any present, Emolument, Office, or Title, of any kind whatever” from a foreign state without Congressional approval.

Asteroid 2025 HY2, an Apollo-class asteroid, will pass Earth on May 7, 2025, at a speed of 48,904 km/h. Though passing at a distance of 6.8 million kilometres, it's a close call in cosmic terms. While not a direct threat, its size, similar to a Boeing 737, highlights the potential devastation of undiscovered asteroids.

Thursday [May 8] was a day of intense fighting between the two nuclear-armed neighbours with attacks and counter-attacks using drones and missiles. India took out Lahore air defence in response to Pak’s foiled bid to hit 15 sites in north and west. By evening, skies in multiple Indian cities, including Jammu, Jaisalmer and Amritsar, lit up with India’s air defence system intercepting and destroying swarms of Pakistani drones and missiles

Air India anticipates incurring approximately $600 million in extra expenses if Pakistan's airspace ban persists for a year, prompting a request for government compensation. The airline projects losses exceeding $591 million annually due to increased fuel consumption and extended flight durations.

Following's India's strikes early on Wednesday, not just Indian carriers but several Asian airlines cancelled or rerouted flights. Meanwhile, for Indian carriers, it’s taking longer to fly west and airlines are burning more fuel, while air traffic controllers in Mumbai are having to cope with a lot more flights coming their way

Amazon launched its first 27 Project Kuiper satellites on April 29, 2025, aboard a ULA Atlas V rocket, marking its entry into the satellite broadband market. This $10 billion venture aims to provide global high-speed internet, especially to underserved areas, and compete with SpaceX's Starlink. Amazon plans to deploy 3,236 satellites, integrating Kuiper with AWS and its consumer ecosystem.

Apple is significantly increasing iPhone production in India, aiming for 70-80 million units by late 2026, potentially making India the primary supplier to the US. This shift, driven by diversification and geopolitical factors, could see India manufacturing nearly 40% of global iPhones.