Business

05 April 2022; MEMO: Legislation used to crack down on the Palestinian Boycott, Divestment and Sanctions (BDS) campaign has become the template for efforts to suppress climate change activism, gun control advocacy and other progressive movements, a report by Jewish Currents has revealed.

Washington, Apr 5 (PTI) The White House has reiterated that it is not in India's interest to "accelerate or increase" imports of Russian energy and other commodities, while offering to work with New Delhi to help it reduce its reliance on imports from Moscow.

04 April 2022; MEMO: Five Arab Foreign Ministers have travelled to the Russian capital, Moscow, to hold talks with Russia's top diplomat on the war in Ukraine, the Arab League said in a statement.

According to the statement, the Foreign Ministers of Egypt, Algeria, Iraq, Jordan and Sudan are scheduled to meet on Monday with Russian Foreign Minister, Sergey Lavrov.  The Arab League Secretary-General, Ahmed Aboul Gheit, is also scheduled to join the meeting.

05 April 2022; MEMO: The Moroccan National Tourist Office (ONMT) has revealed that it is planning to bring 200,000 Israeli tourists to Morocco on direct flights from Tel Aviv in 2022, Sama news agency reported yesterday.

Quoting i24, Sama said the number of direct flights between the two countries will rise to eight per week.

Iraq's Oil Ministry exported $11.07 billion worth of oil in March, the highest level in 50 years, as crude oil prices soared in the wake of Russia's invasion of Ukraine.

The ministry said in a statement that it had exported 3.244 million barrels per day, at an average price of more than $110 in March, achieving the highest revenues since 1972.

According to the statement, 99.11 million barrels of crude oil were exported from oil fields in central and southern Iraq, while 1.4 million barrels were exported from the Kirkuk fields through Ceyhan port.

04 April 2022; MEMO: A group of individuals and organisations in Jordan announced the launch of the Jordanian People's Committee for Solidarity with Russia yesterday, RIA Novosti has reported.

The committee was created "after several meetings and discussions to counter "imperialist ambitions, strengthen the independence of Jordan and develop Jordanian-Russian" links and relations.

Colombo, Apr 3 (PTI) The Sri Lankan government on Sunday blocked social media platforms such as WhatsApp, Twitter, Facebook and Instagram after declaring a nationwide public emergency and imposing a 36-hour curfew ahead of a planned anti-government rally over the worst economic crisis in the island nation.

Hyderabad, Apr 3 (PTI) The World Health Organization (WHO) has confirmed it has suspended the supply of Covaxin, produced by city-based Bharat Biotech, through UN procurement agencies and recommending to countries that received the covid vaccine to take actions as appropriate.

New Delhi, Apr 3 (PTI) India is on the cusp of a major economic recovery and talks of possible stagflation are "overhyped" as a strong economic foundation is being laid with the reforms carried out by the government over the last seven years, Niti Aayog Vice Chairman Rajiv Kumar said on Sunday.

Notwithstanding economic uncertainties triggered by the Russia-Ukraine war that is also impacting global supply chains, Kumar asserted that it was quite clear from all accounts that India will remain the fastest growing economy in the world.

02 April 2022; MEMO: Iran has announced that it is willing to trade with Russia in national currencies, citing already existing deals and opportunities, Sputnik reported on Friday.

Sputnik reported Vice-Governor of Iranian Central Bank Mohsen Karimi confirming that both countries would use: "National currencies – the ruble and the toman – and agreements on this matter already exist."