Pakistan is going through financial woes. The Government’s external debt sits at over 100 billion dollars [up significantly since 2017], while foreign currency reserves hovered in the range of 15 billion last July. To make matters worse, the Central Bank of Pakistan has been raising the interest rate in the last moths, from an initial rate of 6 percent…
The Mideast has its own variety of crazy humor. The Saudis have been blasting and bombing wretched Yemen, one of this world’s poorest nations, since 2015. These US-supported attacks and a naval blockade of Yemen imposed by Saudi Arabia and its sidekick ally, the United Arab Emirates, have caused mass starvation. No one knows how…
Iraq and Syria have decided to re-open the border-crossing between the two countries at albu Kamal – al Qaem, a vital move for the economic interests of both countries, with considerable benefits for the “Axis of the Resistance” (Iran, Iraq, Syria and Hezbollah in Lebanon). Twenty-four hours before the opening was due, an attack occurred…
The devastating attack on Saudi oil facilities by drones and missiles not only transforms the balance of military power in the Middle East, but marks a change in the nature of warfare globally. On the morning of 14 September, 18 drones and seven cruise missiles – all cheap and unsophisticated compared to modern military aircraft…
It is well known that on the night of 14 September some drones attacked two of the largest Saudi facilities: one of them is an enormous oil processing site in Abqaiq (with a capacity of 7 million barrels per day), and the other the Khurais oil field with deposits of 20.1 billion barrels of oil,…
The Russian Foreign Minister’s latest article provides the most up-to-date information on his country’s interpretation of International Relations straight from its top diplomat himself, which includes numerous critiques of the fading US-led unipolar world order and several envisioned goals that Moscow hopes to advance in the emerging multipolar one that’s replacing it. *** Russian Foreign…
