Dubai: The position taken by the US on the dollar is forcing the allies and partners of the US to look at alternate systems. At the same time, the effects of the Russia-Ukraine conflict create an environment to accelerate efforts to create a parallel and alternate financial system to the existing global financial system. In […]
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Moscow: Strong moves are being made to expand BRICS, the association of Brazil, Russia, India, China and South Africa. Russian Foreign Minister Sergey Lavrov expressed the possibility of nearly 12 more countries being inducted into BRICS. The Russian Foreign Minister said that these include countries like Algeria, Argentina and Iran. Against the background of the […]
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Moscow/ Algiers: The cooperation between Russia and the Arab nations is increasing as tensions between the US and the Arab nations have risen over the issue of fuel production cuts. Highlighting the issue of regional security, Russian President Vladimir Putin announced that he would strengthen cooperation with Arab nations. For this purpose, the Russian President […]
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Riyadh/London: ‘To the West: Anybody who challenges the existence of this [Saudi] Kingdom, we are all projects of Jihad and martyrdom,’ Saudi Prince Saud al-Shaalan threatened the US. US President Joe Biden had warned that Saudi Arabia, which has decided to cut fuel production, will face serious consequences. At the same time, US senators had […]
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Washington: US President Joe Biden has threatened that Saudi Arabia and other OPEC-plus member countries will suffer the enormous consequences of Saudi Arabia’s decision to cut global fuel production along with Russia. The United States is giving indications that this threat is not empty. The White House informed that the Biden administration is reconsidering the […]
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Washington: Last week, OPEC plus, a group comprising the world’s leading fuel-producing countries, decided to cut daily crude oil production by two million barrels. This has evoked a strong reaction from the US. The US Treasury Secretary Janet Yellen criticised OPEC’s decision as wrong and inappropriate. Besides, members of Congress from the ruling Democratic Party […]
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New Delhi: Discussions were held between the two countries on trading in India’s rupee and Saudi Arabia’s Riyal. Along with this, India’s Ministry of Commerce informed that the commerce ministers of both countries also discussed using India’s payment systems ‘UPI’ and ‘RuPay Card’ in Saudi Arabia. If the ongoing talks with Saudi Arabia, a leading […]
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Washington/Tehran: Iran has given its reply to the United States and the European countries on the proposal presented by the United States on the nuclear agreement. Although the details have not been revealed, it is claimed that the US and European countries say that this proposal given by Iran for the nuclear deal is not […]
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Cairo: Amid reports that the Iran nuclear deal has reached its final stages, an emergency meeting of Arab countries has begun in El Alamein city of Egypt. Egyptian President Abdel Fattah el-Sisi has hosted this meeting. It leads to the attention that Saudi Arabia is not included in this meeting of Arab countries. For the […]
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Baku/Moscow/Washington: Three soldiers were killed in the fierce conflict between the armies of Armenia and Azerbaijan in the Nagorno-Karabakh region. Azerbaijan claims to have gained control over some Karabakh hills during the conflict. Azerbaijan also accused the Armenian military of violating the ceasefire. Russia expressed concern over the conflict sparked between the countries that were […]
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