Gen. Solemani, A Living Resistance LegacyGeneral Solemani of Iran caused a transformation to the region that blocked the way of the Israeli and American projects in West Asia.
US or Venezuela? Who’s the True Oil Thief?Trump says Venezuelan nationalization of its oil was theft of American oil companies’ assets, justifying oil blockade on South American nation.
Is Yemen on the Verge of Split?The country is sinking in chaos as conflicting forces in the south are going separate ways and Yemenis are less involved in the fate of the south.
Axis of Resistances refers to countries and movements with common political goal, i.e., resisting against Zionist regime, America and other western powers. Iran, Syria, Hezbollah in Lebanon, and Hamas in Palestine are considered as the Axis of Resistance.
Kurds are an ethnic group in the Middle East, mostly inhabiting a region, which spans adjacent parts of Iran, Iraq, Syria, and Turkey. They are an Iranian people and speak the Kurdish languages, which form a subgroup of the Northwestern Iranian branch of Iranian languages.
China’s President Xi Jinping has called for energy sales in yuan, a move which would weaken the US dollar’s grip on world trade. Alwaght- China’s President Xi Jinping has called for energy sales in yuan, a move which would weaken the US dollar’s grip on world trade.
Xi also&nb ...
The US dollar is losing its dominance as China and other revisionist powers are facilitating trade with national currencies. Alwaght- Important wars in history have always made many changes to the political and economic arenas, and this time the Ukraine war has introduced such changes to the world g ...
Yuan as an alternative. China has become a major rival for the United States, a rivalry that is increasing on many levels.
What is the role of China in the current state of affairs?
China has already a strong weight on global trade and whereas less so, in financial transactions. I was at the board ...
Pakistan is likely to pay for shipments of crude oil from Russia in Chinese yuan, local media reported on Saturday, citing government sources. The first cargo of 750,000 barrels is expected to dock as soon as in June. Pakistan is likely to pay for shipments of crude oil from Russia in Chinese yuan, ...
The US dollar’s share in global foreign exchange reserves has slowly declined for decades. However, amid its increasingly frequent use as a “coercion weapon” on a state level, the dedollarization trend has been gaining momentum, with US restrictions serving to ignite greater trade in local currencie ...
The BRICS bloc works to end the Western monopoly of the global security and economic institutions. Alwaght- As the world experiences new changes and developments, the political and economic groupings across the world take new forms.
In recent years, the China and Russia-led BRICS economic bloc has ...
The two countries are showing a great will to engage in deeper energy partnership to neutralize US pressures. Alwaght- The political transformation in Iran-Iraq relations—from hostility under Saddam Hussein to unity after his fall—has significantly reshaped their relations dynamics. Iraq ...
Yuan's tough path against dollar
Though world use of yuan has expanded, there are still many challenges for total globalization of this currency. According to a statement by Chinese State Administration of Foreign Exchange, yuan accounted for roughly 54 percent of China's foreign paym ...
Iran has diverse partners and a secret network of trade and business which is hard to target. Alwaght- The Department of Treasury on Monday rolled out under what it called D-Day sanctions a new round of sanctions under a new economic campaign against Iran.
Treasury Secretary Scott Bessent said the ...
Tehran finds a platform in SCO that helps garner diplomatic support and neutralize US sanctions. Alwaght- President Masoud Pezeshkian of Iran's visit to Bishkek this week was made as US economic pressure on Tehran enters a new phase. Washington has announced plans to impose fresh secondary sanct ...