BRICS: India & Saudi Arabia Begin Discussions to Ditch US Dollar

"Both India and Saudi Arabia initiated trade deals worth $52.76 billion in 2022–23. While India exports $10.73 billion, it imports $42.04 billion worth of goods and commodities from Saudi Arabia. However, India’s trade deficit with Saudi Arabia stands at $31.31 billion as of FY2022-23."
"Ausaf Sayeed, the external affairs secretary, confirmed that the talks are at the “discussion stage”.
He said:
"“The two sides have started discussing this. It is only at a discussion stage, proposals and concept notes have been exchanged. The Saudi side is aware that we have worked out similar arrangements with other countries in the region.”

Source:

https://watcher.guru/news/brics-india-saudi-arabia-begin-discussions-to-ditch-us-dollar

Comments

Columbia President ( Katrina Armstrong) Is Replaced as Trump Threatens University’s Funding. Key Points. NYTimes

Key Points & Further Details on Columbia University Leadership Change 1. Presidential Change at Columbia University Katrina Armstrong stepped down as interim president of Columbia University. Claire Shipman , a journalist and Columbia alumna, was named acting president . Armstrong’s departure marks Columbia’s third leadership change since August 2024. 2. Trigger for Leadership Change The Trump administration threatened to withhold $400 million in federal funding from Columbia. This funding is roughly 20% of the university’s operating revenue . The university ultimately complied with government demands , causing internal and external backlash . 3. Government Demands & Columbia’s Compliance Columbia agreed to: Employ 36 campus safety officers with arrest powers . Adopt a formal definition of antisemitism . Review admissions policies . Increase oversight of its Middle Eastern, South Asian, and African Studies Department . These changes sparked faculty and...

Why Netanyahu Chose to Blow Up the Ceasefire and Return to War" Key Points. Mondoweiss

Key Points from the Article: "Why Netanyahu Chose to Blow Up the Ceasefire and Return to War" 1. Israel’s Resumption of War Israel resumed its military assault on Gaza early Tuesday, killing over 400 Palestinians , including 130 children . Key figures in Gaza’s civil administration were also targeted to weaken Hamas’s governance . 2. The Ceasefire Agreement and Israel’s Stalling Tactics A ceasefire deal was brokered by Egypt, Qatar, and the U.S . two months prior. The second phase of the deal included discussions about ending the war and reconstructing Gaza in exchange for Israeli captives . Netanyahu stalled , aiming to release captives without committing to ending the war . 3. Israel’s Blockade and Its Impact In early March , Israel blocked the Rafah crossing and cut off humanitarian aid , causing a severe humanitarian crisis in Gaza . Prices of goods soared , bakeries shut down , and hospitals ran out of fuel . 4. Hamas’s Unexpected Move ...

Havens for Open Debate Or Enforcers of Political Orthodoxy. From Mahmood Khalil to Rumeysa Ozturk: The Rising Cost of Pro-Palestinian Activism on Campus.

The case of Rumeysa Ozturk , a Tufts University student detained by federal authorities , along with earlier incidents like that of Mahmood Khalil of Columbia University, raises serious concerns about the targeting of international students for their political views, particularly regarding Palestine-Israel discourse. This situation has broader implications for academic freedom, free speech, and the reputation of U.S. universities abroad , especially given the significant financial and intellectual contributions of international students to American higher education. --- 1. Impact on International Students: A Revenue & Reputation Concern - Financial Contribution : International students contribute $40 billion annually to the U.S. economy, with universities relying heavily on their tuition fees (often at higher out-of-state rates). - Chilling Effect : Cases like Ozturk’s and Khalil’s may deter prospective students from applying, fearing political perse...

Ignoring Massacres in Gaza City While Protesting for Democracy in Tel Aviv, Hanin Majadli. Key Points. Haaretz

Brief introduction of Hanin Majadli Hanin Majadli Hanin Majadli is a Palestinian Israeli journalist and editor at Haaretz , Israel's liberal-leaning newspaper. She holds a bachelor's degree in Middle Eastern Studies and Arabic and Islamic Studies from Tel Aviv University. As an opinion columnist, Majadli focuses on the experiences and challenges of Arab-Palestinian communities in Israel , examining their complex relationships with the state and its Jewish citizens . She gives particular attention to the history of the Nakba and its deliberate omission from Israel's social and political narrative. In her role as editor of Haaretz 's Arabic edition , Majadli aims to broaden the reach of alternative Israeli perspectives, presenting journalistic work that diverges from mainstream Israeli media. Before joining Haaretz, Majadli founded a popular spoken Arabic school in Tel Aviv, promoting Arabic language and culture . She has also been active in addressing pol...

"This Isn't Our War: Israel Is Waging a Far-right Offensive to Expel Gazans." Key Points. Haaretz

Here’s a detailed overview of Zvi Bar El’s article in Haaretz, with key points and highlighted words: Title : "This Isn't Our War: Israel Is Waging a Far-right Offensive to Expel Gazans" Subtitle : " The day after? Now it's 'the day after,' and the war's sole purpose is to fulfill the political bribe Netanyahu offered the criminal gang ensuring his hold on power." Key Points & Highlights: 1. "This Isn't Our War" – Bar El argues that Israel’s military campaign in Gaza no longer serves national defense but has been hijacked by far-right political agendas . 2. "Far-right Offensive to Expel Gazans" – The article claims the war’s true objective is the forced displacement of Palestinians from Gaza , driven by extremist factions in Netanyahu’s government (e.g., Smotrich, Ben-Gvir). 3. " Political Bribe" – Netanyahu is accused of sacrificing strategic interests to appease his far-right coalit...

Ainnbeen

Search This Blog