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.
A LocalCircles poll found that 70% of respondents felt their monthly household budget increased by 10% while 55% expected expenses to go up by another 10% in the next 3 months.
In February 2019, 72,400 SiG 716 rifles of 7.62 x 51mm calibre were contracted from SIG Sauer Inc, USA, under government's 'Buy (Global) category', through fast track procedure.
Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.