Lumpur: Malaysian Prime Minister Mahathir Mohammed advised that the Islamic countries should start using Gold Dinar as currency or barter exchange system. Mahathir Mohammed expressed confidence that this would facilitate countering sanctions imposed by countries like the United States. Iran and Turkey have supported the idea, and there are indications that steps will be initiated […]
Riyadh: Saudi Arabia warned that the freight ships and oil tankers, sailing through the Red Sea are under a threat of attacks by speed boats, loaded with explosives. The spokesman of the Saudi Defence Ministry expressed a concern that the ships sailing through this region will be sunk, using these remote-controlled speed boats. The spokesman […]
Washington: The International Monetary Fund (IMF) has warned that the social tensions in the Arabic world are becoming intensifying, in view of the increasing unemployment and the consistently declining growth rates and the discontent is rising in these countries. This warning by the IMF becomes significant against the background of the agitations going on in […]
Riyadh: Russian President Vladimir Putin embarked on a visit to the Middle East, given the developments of the additional US military deployment in Saudi Arabia as also the US military withdrawal from northern Syria. On Monday, President Putin visited Saudi Arabia. Both the countries informed that they discussed on Yemen, Syria, cooperation on oil and […]
Washington: – The United States announced additional military deployment in Saudi Arabia, expressing fears of fresh Iranian attacks. As expected, a vitriolic reaction was received for Iran, following the US announcement. Iran accused the new deployment as provocative and warned that it would turn the countries attacking Iran into a battlefield. The United States and […]
Abu Dhabi: Saudi Energy Minister, Prince Abdulaziz Bin Salman announced ‘Saudi Arabia can start Uranium enrichment to generate fuel for the nuclear program to be implemented in association with the United States. This Saudi program is for peace, but Saudi wants to attain the objective of manufacture and enrichment of Uranium’. Saudi leaders had warned […]
Washington: “The continued violence in Yemen, over the last few years, is a heinous war crime. The United States, the United Kingdom and France are responsible for the crimes as much as Saudi Arabia, the government of Yemen and the Houthi rebels. Along with these western countries, Iran who arms the Houthi rebels also becomes […]
Washington: Against the background of the rising attacks on the oil tankers in the Persian Gulf and the increasing tension with Iran, the United States has intensified the efforts to form a front with the Middle Eastern countries. US defence Chief General Joseph Dunford said that this front is to ensure the security of the […]
Washington: “Iran has been cornered because of the US sanctions and the military deployment in the Persian Gulf. But only pressure will not resolve the Iran nuclear program dispute, and all the countries will have to unite and find a solution to the problem. Otherwise, Iran and its affiliated groups from Syria, Lebanon will attack […]
Moscow: Analysts have indicated a change in equations, in the fuel market, because of the trade war, the supply exceeding the demand situation and tension over the Iran issue. Against this background, Russia and Saudi Arabia have once again concurred on the issue of reducing crude oil production. Both the countries have been willing to […]
