Thursday, March 28, 2024

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Oil

India hesitant on US seeking cap on Russian oil

India will seek broader consensus before it supports US-led efforts to cap the price of Russian oil, which American officials are expected to push...

Biden in Riyadh: I mean what farcical world are we living in?

We hear that US president Joe Biden is visiting Saudi Arabia this week.  This is the same Biden who, in the wake of killing of...

Europe has bitten off more than it could chew on Russia

(The first part, explaining why the world is not with the West on Sanctions against Russia could be read here).  What do Europe stands to...

India close to setting up a payment system for trade with Russia

The central government is moving closer to setting up an alternative payments system to continue its trade with Russia, Hindustan Times reports. A top panel is currently...

US bans oil imports from Russia: Was minimum anyway

In a massive development, United States President Joe Biden decided to ban Russian oil imports, toughening the toll on Russia’s economy in retaliation for its invasion...

Farmers’ don’t push it too far: India would find its’ wheat-paddy in other Punjabs

He was a long-limbed farmer a God-fearing, freedom-loving, law-abiding rugged individualist who held that federal aid to anyone but farmers was creeping socialism. ...

Saudi monarchy is collapsing

Is the Saudi monarchy coming apart at the seams? Scholars and journalists have long predicted the kingdom’s demise, but this time the forecasts may finally...

Russia on the cusp of being a world power

Vladimir Putin has chosen the timing of his intervention in Syria very skillfully. Through his operations in the Middle East, he has the chance...

A financial Pearl Harbour for world economy

This week, People’s Bank of China devalued its national currency yuan to an extent that stock indices fell over 8 percent, and another 7...

Shia-Sunni angle in India and WikiLeaks

Wikileaks cables last week showed Saudi Arabia as perennially obsessed with Shia Iran and using charities and humanitarian aids around the world to trigger...

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