Berliner Boersenzeitung - India-Pakistan War Fears Grow

EUR -
AED 4.279356
AFN 77.342596
ALL 96.588267
AMD 445.245914
ANG 2.085849
AOA 1068.528103
ARS 1684.920478
AUD 1.758327
AWG 2.098895
AZN 2.000098
BAM 1.955554
BBD 2.352214
BDT 142.892029
BGN 1.955743
BHD 0.439286
BIF 3450.584485
BMD 1.165243
BND 1.512462
BOB 8.069985
BRL 6.188594
BSD 1.167858
BTN 104.909256
BWP 15.515982
BYN 3.380989
BYR 22838.771667
BZD 2.348815
CAD 1.624915
CDF 2598.493062
CHF 0.936046
CLF 0.027259
CLP 1069.37901
CNY 8.240193
CNH 8.235265
COP 4424.417736
CRC 572.625526
CUC 1.165243
CUP 30.878951
CVE 110.251134
CZK 24.189639
DJF 207.974736
DKK 7.468849
DOP 74.210348
DZD 151.576082
EGP 55.433829
ERN 17.478652
ETB 182.104716
FJD 2.635811
FKP 0.874078
GBP 0.872977
GEL 3.147734
GGP 0.874078
GHS 13.303327
GIP 0.874078
GMD 85.062585
GNF 10148.115621
GTQ 8.945913
GYD 244.339271
HKD 9.070704
HNL 30.750001
HRK 7.530381
HTG 152.976012
HUF 382.036136
IDR 19419.364756
ILS 3.765047
IMP 0.874078
INR 104.87832
IQD 1529.914154
IRR 49085.880544
ISK 149.011092
JEP 0.874078
JMD 187.165658
JOD 0.826133
JPY 180.489235
KES 150.723926
KGS 101.900195
KHR 4677.552222
KMF 491.733124
KPW 1048.710785
KRW 1714.28866
KWD 0.357567
KYD 0.973282
KZT 590.298294
LAK 25334.922447
LBP 104583.895701
LKR 360.496209
LRD 206.13496
LSL 19.825192
LTL 3.440661
LVL 0.704844
LYD 6.348229
MAD 10.775645
MDL 19.865587
MGA 5194.324444
MKD 61.632249
MMK 2446.898083
MNT 4137.528116
MOP 9.363463
MRU 46.272982
MUR 53.682574
MVR 17.956659
MWK 2025.136618
MXN 21.224828
MYR 4.788568
MZN 74.461422
NAD 19.825192
NGN 1689.89492
NIO 42.97607
NOK 11.773968
NPR 167.85317
NZD 2.018942
OMR 0.448036
PAB 1.167953
PEN 3.927406
PGK 4.953526
PHP 68.743516
PKR 329.927022
PLN 4.228238
PYG 8099.016174
QAR 4.268663
RON 5.09165
RSD 117.397105
RUB 88.493403
RWF 1699.278998
SAR 4.373004
SBD 9.582756
SCR 15.836503
SDG 700.891918
SEK 10.96772
SGD 1.509221
SHP 0.874234
SLE 26.800929
SLL 24434.570407
SOS 666.313342
SRD 45.029085
STD 24118.186847
STN 24.497865
SVC 10.218759
SYP 12883.973776
SZL 19.819422
THB 37.148464
TJS 10.732896
TMT 4.078352
TND 3.428084
TOP 2.805627
TRY 49.555241
TTD 7.918038
TWD 36.421782
TZS 2843.194009
UAH 49.242196
UGX 4140.47927
USD 1.165243
UYU 45.754442
UZS 13912.250317
VES 289.663092
VND 30718.730513
VUV 142.29241
WST 3.263056
XAF 655.8717
XAG 0.020092
XAU 0.000276
XCD 3.149128
XCG 2.104844
XDR 0.815694
XOF 655.877327
XPF 119.331742
YER 277.795391
ZAR 19.73052
ZMK 10488.581818
ZMW 26.831741
ZWL 375.207916
  • NGG

    -0.5800

    75.91

    -0.76%

  • RBGPF

    0.0000

    78.35

    0%

  • CMSC

    0.0400

    23.48

    +0.17%

  • CMSD

    -0.0300

    23.32

    -0.13%

  • BTI

    0.5300

    58.04

    +0.91%

  • RIO

    -0.5500

    73.73

    -0.75%

  • GSK

    -0.4000

    48.57

    -0.82%

  • SCS

    -0.1200

    16.23

    -0.74%

  • AZN

    -0.8200

    90.03

    -0.91%

  • RELX

    0.3500

    40.54

    +0.86%

  • RYCEF

    0.4600

    14.67

    +3.14%

  • BCC

    -2.3000

    74.26

    -3.1%

  • JRI

    0.0500

    13.75

    +0.36%

  • VOD

    0.0500

    12.64

    +0.4%

  • BCE

    0.0400

    23.22

    +0.17%

  • BP

    -0.0100

    37.23

    -0.03%


India-Pakistan War Fears Grow




Tensions between India and Pakistan have escalated dramatically following a series of military exchanges, raising global concerns about the potential for a full-scale war between the two nuclear-armed neighbors. The latest conflict was triggered by a deadly militant attack in Pahalgam, located in Indian-administered Kashmir, which claimed the lives of 26 people, including civilians and tourists. India has accused Pakistan of involvement in the attack, a claim Islamabad has vehemently denied. In response, India launched a series of strikes on what it described as "terrorist infrastructure" in Pakistan and Pakistan-administered Kashmir, marking one of the most significant military actions between the two countries in decades. Pakistan, in turn, has condemned the strikes as an "act of war" and vowed to retaliate, further intensifying the crisis.

The situation has rapidly deteriorated, with both sides engaging in cross-border drone and missile attacks. India has reportedly targeted multiple sites in Pakistan, including locations in Punjab, a province that had not been directly involved in military confrontations since the 1971 Indo-Pakistan war. Pakistan's military claims to have intercepted several Indian drones and missiles, while also launching its own retaliatory strikes. Casualties have been reported on both sides, with Pakistan stating that at least 31 people, including civilians, were killed in the Indian attacks, and India reporting civilian deaths due to Pakistani shelling. The conflict has also seen the use of advanced military technology, including drones and air defense systems, reflecting the modernization of both countries' armed forces in recent years.

The international community has expressed deep concern over the escalating violence. The United Nations has called for "maximum military restraint," warning that the world cannot afford a war between two nuclear powers. The United States has urged both nations to de-escalate, emphasizing the need for dialogue to prevent further violence. Turkey has also weighed in, condemning India's actions and calling for an investigation into the initial militant attack in Kashmir. Despite these diplomatic efforts, the risk of miscalculation remains high, with both India and Pakistan showing little sign of backing down.

Historically, Kashmir has been a flashpoint for conflict between India and Pakistan, with the two countries fighting three wars over the disputed territory since their independence in 1947. The current crisis echoes previous escalations, such as the 2019 Pulwama attack, which led to Indian airstrikes on Pakistani soil and a subsequent aerial dogfight. However, the scale and depth of the recent strikes, particularly into mainland Pakistan, represent a significant escalation. Analysts warn that the lack of crisis management mechanisms and the heated nationalist rhetoric on both sides could push the situation toward a broader conflict, potentially involving nuclear weapons.

As the world watches with growing alarm, the path to de-escalation remains uncertain. Both nations have upgraded their military capabilities in recent years, with India acquiring advanced jets and drones, and Pakistan bolstering its arsenal with modern fighters and drones. This arms race has raised the stakes, making any military engagement more dangerous than in previous confrontations. While neither side is likely to resort to nuclear weapons unless pushed to the brink, the risk of unintended escalation is ever-present. The coming days will be critical in determining whether diplomacy can prevail or if the region will slide into another devastating war.