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News headlines this week;

Canada declared the Iranian Revolutionary Guard Corps a terrorist organization.
Russia and North Korea have signed an agreement to provide immediate military assistance in the event of an attack by a third country. A similar agreement could be signed between Iran and Russia.

Taliban started selling 11,000 tons of crude oil per day, earning Afghanistan $6 million a day: News reports;

Story: Afghanistan;

This news is specially important because of the fact that Taliban is ruling the country, after 20 years of war with US and its NATO allies, ended 3 year ago with US pulling out of Afghanistan in 2021.

Another importance of this news is that no country in the world has yet recognized the new Taliban government.

US seized Afghanistan's foreign reserves after Taliban took over the Afghan government, toppling the US and worldwide recognized government which was headed by then President Ashraf Ghani.

Taliban suffered immense global pressure with economic sanctions imposed by US in its three years of rule so far, with almost entire isolation.

Good news for Taliban:

Some good news came for Taliban this year when, Russia, China put forward helping hand and first official diplomatic visits were made by Taliban delegation to these countries.

Paksitan and Taliban also have made multiple diplomatic visits to each other's country, as the two share border.

Other key players like Iran, Turkey, India, Indonesia among many others have also met with the Taliban led government officials in these 3 years, several times now.

US and Taliban relations:

Most important of all, the Taliban representatives have also met the U.S. Delegation in Doha, Qatar in 2022. While Qatar and Taliban representatives have conducted meetings several times now.

Iran's President and Foreign Minister have died. Helicopter carrying Iran’s President Ebrahim Raisi in East Azerbaijan province crashed.

Story: Iran; 20-05-2024;

Putin arrived in Beijing for his first foreign visit after re-election.

Story: Russia-China; 16-05-2024;

Maldives President Mohamed Muizzu's Party won elections landslide, known for “anti-India” policies!

Story: Maldives-India; 22-04-2024;

Party of Maldives President Mohamed Muizzu won control of parliament in an election landslide.

The results conveys the message, that shows backing of voters to Muizzu's anti-India stance after he was elected president just recently.

Mohamed Muizzu has been known so far for his tilt towards China and away from regional powerhouse and traditional benefactor India, as he became the first President to have visited China for first official visit, after taking the office first time, and not India.

Muizzu and his party leaders faced backlash in India, due to anti-India rhetoric, and for his decision to completely remove Indian military presence from the Maldives, until come May 2024. Muizzu said he will fulfil his campaign promise to remove Indian military personnel stationed in the Maldives.

According to news reports Indian forces stationed in the Maldives have already began to withdraw from the Iceland.

Mukesh Ambani became the first Asian to break into the exclusive $100 billion club on the World’s Billionaires list: Forbes.

According to Forbes the Indian oil rich billionaire, Mukesh Ambani, elder son of Dhiru Ambani, made history, when this week he became the first Asian to break into the exclusive $100 billion club on the World’s Billionaires list of Forbes.

Forbes reported "with shares of his Reliance Industries conglomerate booming, the net worth of Mukesh Ambani shot up to $116 billion, from $83 billion, making him the first Asian to break into the exclusive $100 billion club on the World’s Billionaires list."

The Forbes also noted that Ambani retained his position as the ninth richest person in the world and remains both India’s and Asia’s richest person.

Recently Ambani, made $8.5 billion merger with Walt Disney of his own Reliance’s entertainment unit Viacom18 Media.

Reliance owns Network18, which is a licensee of Forbes Media and publishes Forbes India.

What makes a country fully developed? And another still developing?

Story: Developed vs Developing countries? ; 25-10-2023;

Our list of Top 10 most expensive cities to live in India.

Story: Top 10 most expensive cities to live in India;

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