- Iraq Announces Massive Oil Discovery Near Saudi Border Amid Escalating Regional Energy Crisis
- Egypt, Russia, and France: The Emerging Geopolitical Axis Reshaping Global Trade Routes
- Israel intensifies strikes on Lebanon, but “any domestic sectarian division could pose a greater threat than the enemy”
- Iraq is caught in the middle between the U.S. and Iran
- UAE leaves OPEC signaling a move towards wealth management
- Conclusions of the conference “Protection of Religious Rights and Orthodox Heritage
- Israeli occupation of Lebanon threatens civil war amid growing devastation
- Global News Pakistan, Mideast Discourse Sign MoU to Boost Media Cooperation
Author: Steven Sahiounie
Russian President Vladimir Putin said on Tuesday that the export of agricultural products from Russia has grown by several times recently. Putin’s statement came during his conversation with workers from the “Tulazeldurmash” factory, which specializes in the manufacture of various types of train cars, as the Russian president is making a field visit to the factory located in the city of Tula, about 185 kilometers south of the Russian capital, Moscow. The Russian president said: “Exports (agricultural products) have grown several times, but imports, on the contrary, have declined.” He added that Russia now exports agricultural products and is struggling for…
The Palestinian Ezzeddine Al-Qassam Brigades publish a video showing their targeting of Israeli aircraft with numerous SAMs south of the Gaza Strip. The Ezzeddine Al-Qassam Brigades, the armed wing of the Hamas resistance movement published video clips of its targeting by the Israeli warplanes, this morning, with several surface-to-air missiles, in response to the occupation targeting a “Shehab” drone, in the airspace of the southern Gaza Strip while it was flying on a training mission. “During a training mission for the Al-Qassam Brigades Air Force on Monday morning, the Zionist warplanes targeted a Qassam Shehab-type drone in the airspace of…
The foreign ministers of Iran and Saudi Arabia agreed on Sunday to hold a meeting within the coming days. In a telephone conversation with his Saudi counterpart Faisal bin Farhan on Sunday, Iranian Foreign Minister Hossein Amirabdollahian expressed pleasure with the positive trend of ties between Tehran and Riyadh. He also underlined the Islamic Republic’s resolve to expand its policy of neighborliness, the Foreign Ministry’s website reported. For his part, Bin Farhan stressed the need for Iranian and Saudi officials to keep in touch and described the current measures of the two sides as positive and satisfactory. The two senior…
Israeli occupation Prime Minister Benjamin Netanyahu is suspending yet another decision, postponing the decision he had taken to sack Security Minister Yoav Gallant. Israeli Prime Minister Benjamin Netanyahu postponed Monday the decision to dismiss Israeli Security Minister Yoav Gallant over the security situation in occupied Palestine, Israeli media reported. This comes after one of Netanyahu’s aides said the premier would “visit two military bases with Gallant today evening” in a clear indication of a possible reconciliation between the two officials. Netanyahu’s office announced in a brief statement in late March that the Prime Minister decided to sack Gallant. Gallant demanded had…
The Central Bank of Russia has added crypto asset holdings of households to its survey of consumer finances. The statistics reveal that Russian families keep more money in cryptocurrency wallets than in gold investment accounts or mutual funds. Russia’s Central Bank Evaluates Cryptocurrency Holdings of Russian Households The Central Bank of the Russian Federation (CBR) has published estimates about the digital assets held by the population in the newest edition of its report on household finances. The survey is conducted once every two years since 2013 and the latest results covering 2022 were released on Friday. According to the document…
India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar
The government of India has announced that it will facilitate the settlement of international transactions using its national currency, the rupee. As part of its foreign trading policy framework implemented on April 1, the country introduced this measure to facilitate payments for countries experiencing a U.S. dollar crush. India to Offer Rupee-Based Settlement Options for International Commerce India’s government is introducing new settlement methods apart from the U.S. dollar for international commerce. The new foreign trade policy guidance, which was implemented on April 1, includes a new option of settling payments in Indian rupees, giving countries facing a U.S. dollar…
Bitcoin (BTC) price drops to a new low of $27,557 before rising again. Bitcoin price long term forecast: bullish The price slide was triggered by a sharp rejection in the $29,000 resistance area. Since March 19, buyers have consistently held the price above the $28,000 level, but have been unable to break above the $29,000 ceiling. At the time of writing, the price of one bitcoin is at $28,340. Buyers are currently making a second attempt to keep the price above the $29,000 level. On March 30, buyers held the price above the $29,000 resistance level, but were rebuffed at…
Exactly 200 days after Ethereum transitioned from the energy-intensive Proof-of-Work to Proof-of-Stake consensus mechanism, the impact of changing network tokenomics became clear. After The Merge, the number of rewards given out to those who manage the network decreased. Combined with the previously introduced burn mechanism, which burns a portion of the fees generated from transactions, this has resulted in a reduction in the supply of Ether. Since The Merge, the total supply of Ether has decreased by 75,000 ($134.5 million), representing an annual decline of 0.114%. By comparison, if The Merge had never taken place, the total supply of ether…
In a surprising move, Saudi Arabia and the OPEC+ group of producers have announced a cut in oil production of approximately 1.6 million barrels per day. While the move is aimed at achieving market stability, according to a recent report from the Financial Times, Saudi Arabia is attempting to adopt an economic strategy that is independent of the United States. Saudi’s unexpected cut in oil production The decision to cut oil production comes as a surprise, particularly as it is lower than the expected reduction of 2 million barrels per day that was to be agreed upon during the meeting…
Russian President Vladimir Putin signed a decree according to which the city of Kazan, the capital of the Republic of Tatarstan, will host the meeting of heads of state of the “BRICS” group in the year 2024. And the text of the decree, which was published today, Monday, on the official portal of government information, stated: “Determining (the city of) Kazan as the venue for the 2024 meeting of (BRICS) heads of state.” The Russian President also instructed, by decree, to establish an organizing committee headed by Assistant to the Russian President Yuri Ushakov. Within a month, Ushakov will have…
