Moscow – Alexander Novak, Deputy Prime Minister of Russia, has claimed that Russia has completely moved away from the dollar and Euro as a currency to trade oil and are focused on regional currencies. He said Russia had traded oil with China in exchange for Yuan and Rubel. The International Energy Agency (IEA) recently declared […]
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Jerusalem – Rocket attacks from the Gaza Strip and Lebanon, followed by infiltration of drones and missile strikes from Syria’s border into Israel, have been challenging Israel’s security. Last week, Israel’s military responded to all these attacks. But international analysts have warned that Iran has been pushing Israel to a big wildfire by simultaneously launching […]
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New Delhi – Before the Ukraine conflict, India used to buy about 1% of its energy demand from Russia, which has now significantly increased. In March, India purchased 1.64 million barrels of oil per day from Russia, which is twice what India used to buy from Iraq, its traditional source. Despite the US and Europe […]
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Washington/ Jerusalem: Even after it was revealed that Iran has a stockpile of 87.5 kg of enriched uranium, US President Joe Biden is preparing for a nuclear deal with Iran. America’s leading news agency released the shocking news that the Biden administration will soon make an interim nuclear deal with Iran. An American news agency […]
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Paris/Washington – French analyst Renaud Girard said that the United States used the dollar excessively as a tool of political pressure. Therefore, more and more countries have been leaving the US-dominated economic system. He added that a local currency-based system was an alternative to the dollar. Moreover, countries like Russia and China have even developed […]
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Tokyo/ Moscow – Group of 7 developed countries, known as the G7, has supported and aided Ukraine in ongoing Russia- Ukraine conflict. They imposed heavy sanctions on Russia and its oil exports to weaken the Russian economy. One of the decisions was to impose a price cap on oil purchase. However, Japan, one of the […]
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Moscow – A senior State Department official claimed that Russia may seek compensation for the Nord Stream oil pipeline explosions last year. At the same time, Dmitry Birichevsky warned that even if Western countries oppose, Russia will continuously raise the issue of independent and impartial investigation in this case at the international level. A few […]
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Beijing/ Washington – In the background of the sanctions imposed by the US and the increase in interest rates, it is coming to light that China has sold a large amount of US bonds. In January 2022, US debt securities were equal to $1.03 trillion. By the end of January 2023, the value of US […]
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Moscow – President Vladimir Putin warned that the ongoing conflict with Ukraine and the West is an existential battle for Russia. The Russian president has appealed to his people that Russia’s enemies have been plotting to destabilize it and break it into pieces for the last several years, and the Russian people must show unity […]
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New Delhi – The government has instructed Indian traders and banks to avoid using the Chinese Yuan while doing business with other countries. Claims are being made that the government gave this instruction and the Reserve Bank of India as relations between India and China are strained. The news about this has been published by […]
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