Arabian Post Staff UAE banks are in a comfortable net external asset position and their loan to deposit ratios are among the strongest in the region, S&P said in a report on GCC banking. Banks have been accumulating local deposits over the past 15 months amid muted lending growth. S&P said it does not expect an acceleration of lending, so UAE banks’ funding profiles should continue to […]
By Nantoo Banerjee The cat is out of the bag. India is not the only country using imported Russian oil to export processed petro-products. West Asian oil giants, led by Saudi Arabia, are buying millions of barrels of Russian diesel oil, which is banned in Europe, to sell the product to buyers in the European […]
The post More Russian Oil Is Making Backdoor Entry Into NATO Nations Via Saudi Arabia, UAE first appeared on IPA Newspack.
![photo105[16418]](https://thearabianpost.com/wp-content/uploads/2023/05/photo10516418-e1685438618918-151x118.jpg)
Running a business means being active not only on the local market, but also available through the web. When the company starts to develop, you immediately spread your wings and try to do your best to optimize inner processes. This is where Infinite IT Solutions steps in. Find out about innovative IT systems offered to your business. In search for technological change The company has been established […]
By Nantoo Banerjee India’s Ministry of External Affairs (MEA) has probably never faced such a situation as it is now to engage in a positive diplomacy with the world’s three warring super powers — the US, China and Russia. India is getting increasingly trapped in the international power tussle following the Russia-Ukraine war. The growing […]
The post India’s Triangular Relationship With Russia, China And The US Is Under Pressure first appeared on IPA Newspack.
By James M Dorsey Religious conservatives and nationalists in the Muslim world and beyond have the wind in their sails. So do Arab autocrats, even if they increasingly cloak themselves in nationalism rather than religious conservatism. Last week’s first election round in Turkey saw conservatives and ultra-nationalists win control of parliament. At the same time, […]
The post Culture Wars Bubble Below The Surface Across Arab Region first appeared on IPA Newspack.
By Dr. Gyan Pathak Forced labour in India is the highest in the world. About 11 million are presently under forced labour in the country, according to the Global Slavery Index 2023, released by Walk Free Foundation. The Global Slavery Index is a national breakdown of the extent of modern slavery in 160 countries. It […]
The post Forced Labour In India Highest In The World At Present first appeared on IPA Newspack.
By Amiad Horowitz A new chapter in the modern history of the Middle East is beginning, and what’s most significant about it is the dwindling influence of the United States. Back in March, the People’s Republic of China helped broker a groundbreaking diplomatic rapprochement between the Kingdom of Saudi Arabia and the Islamic Republic of […]
The post Middle East Nations Are Distancing From Washington’s Diplomatic Moves first appeared on IPA Newspack.
By Nantoo Banerjee The government and the Reserve Bank may disagree, but the way the country’s trade deficits and external debt are rising it may be a matter of time before India goes for another IMF-World Bank bail out. The current indicators on the two counts are hardly comfortable. Take the debt position first. The […]
The post India’s Growing Trade Deficit And Debt Burden Are A Matter Of Concern first appeared on IPA Newspack.
Jammu and Kashmir will host the third tourism working group meeting of G20 countries in capital Srinagar from today amid tight security. This is the first such international event in the region after Centre revoked Jammu and Kashmir’s special status and stripped of its statehood in August 2019. A glittering facelift has been given to […]
The post Security tightened ahead of G20 meet in Srinagar first appeared on IPA Newspack.
By Dr. Gyan Pathak India is being denounced by trade unions across the G20 economies for government’s decision to block participation of independent trade unions in G20 meeting, including L20 meeting on labour and G20 Energy Transition Working Group (ETWG), which is resulting in worker’s voices going unrepresented. While the government-backed BMS will hold sham […]
The post India Denounced For Blocking Independent Trade Unions At G20 Meetings first appeared on IPA Newspack.
China has opposed the holding of a G20 meeting in Kashmir, while Turkey and Saudi Arabia have not registered for the event to be held in Srinagar. On Friday, Chinese Foreign Ministry spokesperson Wang Wenbin said that “China firmly opposes holding G20 meetings in any form in ‘disputed’ areas and will not attend such meetings.” […]
The post China opposes G20 meeting in Kashmir; Saudi, Turkey stay off first appeared on IPA Newspack.
By P. Sudhir The Quad, consisting of four countries, the United States, Japan, Australia and India is gradually taking the shape of a security alliance which was the intent of the original name of the grouping – the Quadrilateral Security Dialogue. The security angle was highlighted by the recent meeting of the military chiefs of […]
The post Quad Is A US Led Security Alliance Aimed To Counter China In Asia-Pacific first appeared on IPA Newspack.
By James M Dorsey With Saudi-hosted talks to end Sudan fighting producing minimal results and Arab states supporting rival forces, de-escalation in the Middle East faces a major test. So does Gulf states’ ability to employ dollar diplomacy to persuade poorer Arab brethren to align with the policies of countries like Saudi Arabia and the […]
The post Sudan Tests The Limits Of Middle Eastern De-Escalation, Dollar Diplomacy first appeared on IPA Newspack.
By K Raveendran Contrary to what is considered to be the general perception, post-millennial Gen Z-ers, meaning those who are aged between eight and 23 years, are more likely than other generations to cite negative feelings about social media. They are also more likely to report having poor mental health. These are among the findings […]
The post Gen-Z More Aware Of Negative Aspects Of Social Media Platforms Than Other Generations first appeared on IPA Newspack.
By Subrata Majumder Concerns loomed large on India’s neutral stand on Russian invasion of Ukraine for its separation from the US led global market and eventually backlash on its growth. In contrast, the situation took a reverse gear. India, not only sustained the growth, but is expecting the hegemony in the global growth in 2023. […]
The post India’s Neutral Position In Ukraine War Was A Boost To The Economy In 2022-23 first appeared on IPA Newspack.
Matein Khalid I have been fascinated by the global commodities markets ever since I lost a semester’s tuition at Penn trading silver futures at EF Hutton. Family folklore tells me that my ancestral clan traded physical commodities in British India for generations and the Great Depression plus General Yamashita’s assault of Fortress Singapore devastated my paternal grandfather’s godown/inventory, though cousins in Paris and Dubai are still among […]
By K Raveendran The decision by the Union government to tie local gas prices to international prices comes at a time when global prices are on a downward trend and this is great news for consumers who have hitherto been at the receiving end of higher prices as well as their administration. Under the new […]
The post New Pricing Mechanism, Market Downtrend Bring Big Relief To Gas Consumers first appeared on IPA Newspack.
By K Raveendran A reported impasse in the use of rupee for trade between India and Russia is seen more as posturing rather than a failure of the arrangement as both sides cannot manage without each other in the context of the prevailing global political situation. There have been reports that India and Russia have […]
The post Trouble In India, Russia Talks On Rupee Trade Mostly The Result Of Posturing first appeared on IPA Newspack.
By Subrata Majumder A new landscape in currency dominance in global market is taking shape, with US dollar losing pre-eminence and Chinese yuan gaining steam. According to a IMF survey, dollar share in central bank foreign exchange reserves declined from 71 percent in 1999 to 59 percent in 2021. This resulted in steady decline in […]
The post Ukraine War And US, EU Sanctions Leading To Loss Of US Dollar’s Global Dominance first appeared on IPA Newspack.
By K Raveendran India’s integration into the global value chains and favourable container pricing trends are making the country an ideal choice as an attractive ‘China plus one’ alternative. The improvement in container availability, coupled with falling rates, is offering a great opportunity for container trading and leasing in the Indian sub-continent as the world […]
The post India Emerges As Key Player In ‘China Plus One’ Strategy Of Global Container Trade first appeared on IPA Newspack.
By Satyaki Chakraborty Greece is going for national election on May 21 this year as the Prime Minister of the Centre Right New Democracy Party Kyriakos Mitsotakis met the President and proposed the dissolution of the Parliament. The President accepted and fixed May 21 as the date for elections. Next month’s legislative elections will be […]
The post Greece National Elections On May 21 To Witness Stiff Contest Between Right And Left first appeared on IPA Newspack.
By Satyaki Chakraborty The United States of America is steadily losing its diplomatic battle in the Middle East against China as more and more warring nations in the region are looking to China for acting as the facilitator for establishing peace in the region. After the big success of brokering a peace deal between Iran […]
The post China Emerging As The Prime Mediator In Easing Tensions In Middle East first appeared on IPA Newspack.
By Dr. Nilanjan Banik Recently, numerous articles have been written on the demise of the dollar. The argument is that China, the second largest economy after the US, is increasingly convincing the world’s largest suppliers of energy, including Russia, Saudi Arabia, Iran, and Venezuela to trade in Chinese Yuan. This, according to the commentators, will […]
The post Who Will Be The Ultimate Winner In Currency War? Dollar Or The Yuan? first appeared on IPA Newspack.
