A weakening currency would make a mockery of Rouhani’s plan to raise revenue — he expects tax receipts to rise by 13% — while increasing government salaries by 15%.
Spooked by the prospect of a catastrophic war with Iran and its proxy militias across the region, Gulf monarchies are in the midst of a strategic rethink.
The US & European govts should impose sanctions on regime officials who inflict harm, making it clear that they will not be allowed to whitewash their crimes.
Modi's meet with Rouhani comes amid an escalating face-off between Iran and US on Tehran's nuclear programme, and a fortnight after drones attacked Saudi's oil facility.
A meeting between France, Germany and the UK concluded that Iran’s uranium cap breach was not significant enough to initiate the non-compliance clause.
Responding to Iranian President’s aggressive statement, Trump put out a tweet that may have repercussions on the future of international relations in Asia.
The last time this matter flared up was when Delhi Chief Minister Rekha Gupta, in a very similar directive in April, called for the relocation of stray dogs in the capital.
Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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