Modi Strengthens Russia/China Ties, US Halts Deportation of Children, Labor Day Travel Peaks

India's Shifting Global Alliances

• 🌍 Indian Prime Minister Modi met with Chinese counterpart Xi Jinping to reset relations and reaffirmed a "special" relationship with Russian President Vladimir Putin.
• ⚠️ These meetings occur amidst global scrutiny and criticism from President Trump, who has imposed a 50% tariff on Indian imports.

US Immigration Policy and Legal Challenges

• ⚖️ A federal judge in Washington D.C. issued a temporary restraining order blocking the Trump administration from expelling unaccompanied Guatemalan children.
• 😥 Attorneys described the situation as "horrendous" for children who were left waiting on planes for hours without knowing their fate.
• ✈️ The Justice Department stated the intention was to reunite 76 unaccompanied minors with relatives in Guatemala.

Notable News and Market Updates

• 🏥 Rudy Giuliani is recovering from injuries sustained in a car crash in New Hampshire over the weekend.
• 📈 The FAA anticipates the busiest Labor Day holiday travel in 15 years, with an expected 17.4 million travelers.
• 📊 Wall Street was closed for the Labor Day holiday, while global markets showed mixed results: FTSE and CAC flat, DAX down 0.5%, Nikkei down 1.25%, Hang Seng up over 2%, and China's CSI 300 up nearly 0.67%.