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SINGAPORE – Media OutReach – 16 March 2022 – Treehouse, a Web3 company transforming on-chain data into meaningful metrics to help decentralized finance (DeFi) investors make informed financial decisions, announced an US$18 million seed round raise. An undisclosed large FinTech investor led the round with participation from strategic investors, including Mirana Ventures, Lightspeed Venture Partners, Binance, MassMutual Ventures, Global Founders Capital, Jump Capital, GSR, Wintermute, Do Kwon […]

By Nantoo Banerjee The Russian attack on Ukraine seems to have given a wakeup call to countries in Europe and Asia to substantially step up their annual defence expenditure to protect themselves from possible external assault. Given the ominous security situation in Europe, a number of countries, including Germany, Sweden, Romania, Latvia, Finland, the Netherlands […]

The post Several Countries Plan To Step Up Military Spending first appeared on IPA Newspack.

James M Dorsey Struggling to remain on the sidelines of the 21st century’s watershed war in Ukraine, Middle Eastern nations are discovering that they may be fighting their battles with an outdated toolkit. As a result, the Ukraine war could saw off the legs from under the table of Middle Eastern détente that already are built on shaky ground. For the past 18 months, Middle Eastern rivals – Saudi […]

By Nantoo Banerjee The US-led western trade, economic and financial sanctions on Russia seem to be working instantly, but less to the discomfort of Russia than the rest of the world. The sweeping sanctions over Russia’s invasion of Ukraine have led to a massive spurt in global oil and gas prices — over 20 percent […]

The post Sweeping US, EU Sanctions Hit World Economy More Than Russia’s first appeared on IPA Newspack.

James M Dorsey Two diametrically opposed visions of moderate Islam have emerged as major Muslim powers battle to define the soul of their faith in the 21st century in a struggle that is as much about geopolitics as it is about autocratic survival and visualisations of a future civilisation and world order. Saudi Crown Prince Mohammed bin Salman and Yahya Cholil Staquf, the newly elected chairman of […]

By Rahil Nora Chopra Amid a lot of buzz for the coming presidential elections, names of political veterans such as Sharad Pawar, BSP Supremo Mayawati and a few others have been doing the rounds and discussed as possible candidates for the post. Speculations have been rife of late with Bihar chief minister and long-time BJP […]

The post Nitish Dismisses Buzz About His Candidature For President first appeared on IPA Newspack.

James M Dorsey Emiratis celebrated their decision not to condemn the Russian invasion of Ukraine in the United Nations Security Council as the end of an era in which the Gulf state took its foreign policy cues from the United States. However, the Emiratis may be celebrating prematurely. As the UAE took over from Russia this month as chairman of the Council, Abdulkhaleq Abdulla, a political scientist […]

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By Sankar Ray The Pakistani Prime Minister Imran Khan Niazi’s visit to the Russian Federation has resulted in a damp squib, if not a ‘diplomatic disaster’. To call it just ill-timed because of Russian invasion of Ukraine is to hide the frustration beneath. True, President Vladimir Putin had little time when Russia’s hell-bent desire to […]

The post Imran Khan’s Two Day Moscow Visit During War Ends In Near Disaster first appeared on IPA Newspack.

By James M. Dorsey Ukraine is about much more than the security of one sovereign nation. The battle for Ukraine is a battle for the new world order. In that battle, Russian President Vladimir Putin is living up to the worst expectations of Western policymakers and analysts. Unlike Chinese President Xi Jinping, Putin is seeking […]

The post Putin Pushing For A New World Order Through Ukraine first appeared on IPA Newspack.

By K Raveendran The Russian invasion of Ukraine has provided yet another instance of gold proving its safe haven value. As Russian forces entered Ukraine and pressed towards Kiev, gold price surged to an intra-day high of US$1,974 per ounce on Thursday, corresponding to Rs 52,797 per 10 grams on India’s MCX. Hectic buying was […]

The post Gold Shines Again As Safe Haven As Ukraine War Intensifies first appeared on IPA Newspack.

By James M Dorsey It may be only a matter of time before Russian troops control the Ukrainian capital of Kyiv and topple President Volodymyr Zelenskyy. However, that may not be the end of the story. Russian President Vladimir Putin’s troops could find themselves in Ukraine for the long haul depending on whether Ukrainians have the stomach to launch an insurgency. If so, Mr. Putin knows the […]

By Rahil Nora Chopra The political buzz around the formation of a third front is back. While talk of a third front has been recurrent, the key difference this time is that Telangana Chief Minister K Chandrashekhar Rao has met his Maharashtra counterpart Uddhav Thackeray and Nationalist Congress Party (NCP) chief Sharad Pawar in separate […]

The post KCR, Mamata, Pawar, Thackeray Inch Closer To Third Front first appeared on IPA Newspack.

By James M Dorsey Israel and Gulf states struggle not to fall off the tightrope they walk as a Russian attack on Ukraine makes hedging bets increasingly tricky. Unlike Israel, the Gulf states may feel that they have more flexibility than the Jewish state that depends on the United States for its regional military superiority and political support in an international community critical of its 54-year-long occupation […]

By James M Dorsey Europe is likely to shoulder the brunt of the fallout of a rapidly escalating crisis over Ukraine. Middle Eastern states could prove to be a close second. That is no truer than for Turkey and Israel, whose management of the Ukraine crisis could determine their ability to protect perceived core national […]

The post Middle East Faces Spill-Over Effect From Ukraine War Threats first appeared on IPA Newspack.

James M Dorsey Europe is likely to shoulder the brunt of the fallout of a rapidly escalating crisis over Ukraine. Middle Eastern states could prove to be a close second. That is no truer than for Turkey and Israel, whose management of the Ukraine crisis could determine their ability to protect perceived core national interests. Indeed, for NATO-member Turkey, the stakes could not be higher. Its 2,000 […]

By James M Dorsey Israeli Prime Minister Naftali Bennett has laid out an expanded Israeli strategy to confront Iran that appears to move beyond a potential military strike against the Islamic republic’s nuclear facilities. Bennett appeared to be guided not only by concern about the fallout of a unilateral Israeli action but also seemingly mounting fears in Tehran that economic hardship could spark a social explosion. “Bennett’s new approach […]

By James M. Dorsey Iran recently scored not one but two soccer successes. Fans celebrated after the country’s national team qualified for the third consecutive time for the World Cup after beating Iraq 1:0 last week. It wasn’t just men celebrating. It was men and women mingling freely in a Tehran square. That was after men and women, albeit segregated, egged on their team in Tehran’s Azadi or Freedom Stadium. Although […]

Arabian Post Staff Oil prices continue to please the bulls, rising to multi-year highs as a result of tighter-than-expected supplies. The reason prices are reaching multi-year highs is the unexpected product gap the market is facing, as the theme so far for 2022 is that the oil market is short of the oil supply it anticipated for the beginning of 2021. According to Rystad Energy analysts, unplanned […]

By James M Dorsey Russia’s intervention in Kazakhstan contains a cautionary message for Gulf foreign ministers visiting Beijing this week. The intervention to stabilize the government of Kazakh President Kassym-Johart Tokayev, following mass protests, cemented Russia’s primacy when it comes to security in Central Asia, a swathe of land that is as much Russia’s backyard as it is China’s. At least 164 people were killed in the protest, thousands […]

By James M Dorsey Like Qatar, after winning the right to host this year’s World Cup, Saudi Arabia is discovering the pitfalls of seeking soft power, whether through sports or religion, without coming to grips with skeletons in its closet. Last week, France spotlighted the pitfalls when it questioned security in the kingdom following a mysterious explosion in a support vehicle carrying six members of the Sodicars Racing team […]

By James M Dorsey Qatar has begun to cleanse its schoolbooks of supremacist, racist or derogatory references as well as celebrations of violent jihad and martyrdom, according to a recently released study. The revision of textbooks in the final year leading up to Qatar’s hosting of the 2022 World Cup is designed to keep the Gulf state in the beauty pageant for the beacon of moderate Islam. Saudi Arabia, […]

By James M Dorsey Long banned, Christmas has finally, at least tacitly, arrived in Saudi Arabia; just don’t use the name in marketing or be ostentatious about your tree. Coffeeshops serving beverages in red cups with snowflakes on them are ok. So is the sale of soap bars named ‘Tis the Season and Vanilla Bean Noel. Christmas trees that sell at up to US$3,000 a piece are slightly […]

By Matein Khalid As the 5% crude oil plunge in both WTI and Brent on fears of Omicron demand shock demonstrates, the fate of the virus is inextricably linked to global economic growth, Fed policy and thus commodities returns. Yet thanks to black gold’s stellar performance the GSCI Energy index was a winner in 2021, up 47%. Even Brent rebounded 4%  to 74 a barrel in its […]

By Manish Rai Tablighi Jamaat (TIJ) is currently grabbing the headlines for getting banned by Saudi Arabia. Saudi government official statement called Jamaat a danger to society and one of the gates of terrorism. In a tweet on December 6, the country’s Ministry of Islamic Affairs said Minister of Islamic Affairs, Dr. Abdullatif Al Alsheikh has directed the mosque preachers and the mosques that held Friday prayer […]

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