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05 August 2022; MEMO: Russia is turning to Turkiye as it tries to decrease the harming level of Western sanctions to its economy following its invasion of Ukraine, Washington Post says in an in-depth news analysis piece.

According to the analysis, Russian President, Vladimir Putin, is set to meet his Turkish counterpart, Recep Tayyip Erdogan, in Sochi on Friday to strengthen economic ties with a NATO nation that has not joined in imposing sanctions on Moscow.

New Delhi, Aug 3 (PTI) The government has halved the windfall tax on the export of diesel and scrapped the levy on jet fuel (ATF) shipments but raised the tax on domestically produced crude oil.

The tax on the export of diesel was cut to Rs 5 per litre from Rs 11, according to an official notification issued on Tuesday evening.

Export of petrol will continue to attract nil tax.

03 August 2022; MEMO: The Palestinian Authority said yesterday that it supports China as it seeks to preserve its "sovereignty and territorial integrity".

In an official statement, the PA presidency called for "any actions that contradict with a one-China policy" to be stopped. "Beijing has the right to defend its sovereignty, security and development interests," insisted the presidency office.

02 August 2022; MEMO: Google is providing advanced artificial intelligence (AI) and machine-learning capabilities to the Israeli government, through its controversial "Project Nimbus" contract, reported The Intercept.

"The project is intended to provide the government, the defence establishment and others with an all-encompassing cloud solution," the Ministry said in its announcement.

New Delhi, Aug 2 (PTI) India and Maldives on Tuesday inked six agreements to expand cooperation in several key areas with Prime Minister Narendra Modi asserting that New Delhi has been and will continue to be the "first responder" to any need or crisis facing the island nation.

After wide-ranging talks with visiting Maldivian President Ibrahim Mohamed Solih, Modi announced a Line of Credit of USD 100 million (one million = 10 lakh) for the neighbouring country for the completion of development projects in a time-bound manner.

New Delhi, Aug 1 (PTI) India's biggest ever auction of telecom spectrum received a record Rs 1.5 lakh crore of bids, with Mukesh Ambani's Jio cornering nearly half of all the airwaves sold with a Rs 88,078 crore bid.

Richest Indian Gautam Adani's group, whose entry in the auction was billed by some as another flashpoint in the rivalry with Ambani, paid Rs 212 crore for 400 MHz, or less than 1 per cent of all spectrum sold, in a band that is not used for offering public telephony services.

01 August 2022; MEMO: The United States, on Monday, imposed sanctions on Chinese and other companies it said were used by one of Iran's largest petrochemical brokers to sell tens of millions of dollars' worth of Iranian products to East Asia, as Washington continues to crack down on Iranian oil sales to the region, Reuters reports.

01 August 2022; MEMO: UN Secretary-General, Antonio Guterres, thanked Turkiye on Monday for its efforts and leadership as a nascent deal to resume grain exports from Ukraine saw its first ship depart from the port of Odessa, Anadolu News Agency reports.

The departure of the Sierra Leone-flagged dry cargo ship, "Razoni", marked an "important starting point" for the agreement, Guterres said. "It must be the first of many commercial ships bringing relief and stability to global food markets," he added.

Tehran, IRNA – The secretary general of the Organization of Petroleum Exporting Countries (OPEC) said that Iran was one of the most important founding members of the entity with a significant role in stabilizing the oil market.

In an interview with Kuwaiti newspaper Al Ra'I on Sunday, Haitham al-Ghais said that Iran and Venezuela were among the most important founding members of OPEC and had a significant role in stabilizing the oil market.

31 July 2022; MEMO: Russia is transferring $20 billion to Turkiye for the building of a major nuclear power plant, as the two countries continue to expand energy cooperation and advance Turkiye's growing energy needs.

According to a Bloomberg report on Friday, senior Turkish officials with knowledge of the matter said that the Russian state-owned company Rosatom sent around $5 billion last week to the Turkish company Akkuyu Nuclear JSC, which is building the plant in the city of Mersin in southern Turkiye.