At least 207 people were killed and 900 injured when two passenger trains collided in Odisha on Friday, according to government officials in the eastern Indian state, in India's deadliest rail accident in over a decade.
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A $16 billion list of lower-priority defense items like tanks, helicopter upgrades and a ship, that would normally be paid for as part of the defense budget, could go unfunded after the U.S. passed a landmark bill that lifts the debt ceiling but curbs federal spending.
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The tech-heavy Nasdaq marked its best winning streak since January 2020.
- WorldChina's snub of U.S. military leader highlights escalation risk
The awkward encounter is just the latest example of what U.S. officials and analysts say is a troubling disparity between how the two countries view military risks.
