NOPEC Bill

The No Oil Producing and Exporting Cartels (NOPEC) bill, which passed a Senate committee is intended to protect U.S. consumers and businesses from engineered oil spikes. OPEC+, which groups the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, on Wednesday agreed to steep production cuts, curbing supply in an already tight market. … Continue reading NOPEC Bill

US sanction on Indian entity

The U.S. treasury department announced sanctions against a Mumbai based petrochemical company amongst several entities accused of selling Iranian petroleum products. It is the first Indian entity to face the U.S. designation under unilateral sanctions passed in 2018-19. US sanctions meaning: There are trade barriers, tariffs and restrictions on financial transactions of various entities in … Continue reading US sanction on Indian entity

UNHRC Report on China

A groundbreaking United Nations report published on August 31, 2022, says the Chinese government has committed abuses that may amount to crimes against humanity targeting Uyghurs and other Turkic communities in the Xinjiang region The report by the outgoing UN High Commissioner for Human Rights, Michelle Bachelet, contains victim accounts that substantiate mass arbitrary detention, torture, cultural persecution, forced labor, and … Continue reading UNHRC Report on China

High seas treaty

Negotiations involving 168 countries, including the European Union, to agree on a UN treaty for protecting oceans had failed recently.About UN High Seas TreatyAlso referred to as the ‘Paris Agreement for the Ocean’, the treaty to deal with Biodiversity Beyond National Jurisdiction has been under discussion for several years.The proposed treaty concerns the ocean existing … Continue reading High seas treaty

Wisdom tea

Taiwan is looking at using its “tea culture” as a new source of soft power diplomacy to boost cultural and people-to-people connect with India’s Northeastern region. Under the ‘Wisdom Tea’ initiative, Taiwan is now exploring ways to boost people-to-people connect with India. It has already established contact with Tea Board of India and Tocklai Tea … Continue reading Wisdom tea

Al Shabab

A fierce gunbattle began after al-Shabaab terrorists bombed a hotel in the heart of Somalia’s capital, with notable death tolls. Who are the al-Shabaab? Al-Shabaab translates as ‘The Youth’ in Arabic.It started as the extremist youth wing of the now-defunct Islamic Courts Union (ICU).ICU was a grouping of sharia courts that seized control of a … Continue reading Al Shabab