China Pivots to Iran as U.S. Gets Caught Up in Sanctions

Analysis by Debalina Ghoshal *

NEW DELHI (INPS-IDN | Yale Global) – Since the signing of the controversial Iranian nuclear deal that lifted most international sanctions, China has emerged as a principal beneficiary. This is as much a result of aggressive Chinese push as it is difficulties faced by the West. China has pursued opportunities in the Iranian nuclear energy market, increased investment and expanded influence, with what could be rightly called a Middle Eastern pivot.

The country predicted to become the world’s largest energy consumer by 2030, is wasting no time in availing itself of Iran’s energy resources. China’s demand for oil imports is expected to grow from 6 million barrels per day to 13 million by 2035, and Iran, ranked fourth in the world with proven oil reserves and second with reserves of natural gas, is considered a reliable supplier.

RANDOM THOUGHTS: Hillary Clinton and Sri Lanka

By Palitha Kohona *

COLOMBO (IDN) – During the 25-year war against the separatist Liberation Tigers of Tamil Eelam (LTTE), Sri Lanka’s traditional arms suppliers imposed restrictions. The government of Sri Lanka (GOSL) had to look elsewhere – and China was willing to help.

Following the defeat of the LTTE in May 2009, the former Mahinda Rajapaksa regime chose to focus on rapid economic revival and development of infrastructure. The U.S. reneged on its commitment to provide $500 million from the Millennium Development Account for road development.

The recently-released e-mails reveal that then-U.S. Secretary of State Hillary Clinton tried to block an International Monetary Fund (IMF) loan to GOSL and that the IMF did not like it.

No Urgency for Sri Lanka’s ETCA Response to Brexit

Analysis by Dr Palitha Kohona

The writer is former Permanent Representative of Sri Lanka to the United Nations in New York, previously Head of the UN Treaty Section. Dr Kohona was closely involved with the Uruguay Round of Trade negotiations.

COLOMBO (IDN) – The Prime Minister, Ranil Wickremasingha, has declared that Sri Lanka will sign the proposed Economic and Technical Cooperation Agreement (ETCA) with India urgently as a means of cushioning the possible negative effects of Brexit on the country.

As to whether the proposed ETCA will be effective in realising this goal has not been properly discussed. Nor have the deeply felt reservations of the Sri Lankan business and professional communities about the ETCA been adequately addressed.

NEWSBRIEF: Ex Vice President Challenges Mugabe in Zimbabwe

NEW YORK | HARARE (IDN | GIN) – Zimbabwe‘s former vice president, Joice Mujuru, was the headliner at a rally in Matabeleland in one of the first public events of the new Zimbabwe People First (ZimPF) opposition party. The newly-launched campaign promptly took on the incumbent – President Robert Mugabe – in advance of elections in 2018.

Mujuru accused the government of being disinterested in the plight of the majority and promised to fight for the interests of ordinary citizens. “Zimbabwe People First is a new democratic, inclusive political party that accommodates every Zimbabwean… Please, get it from me, I am not going back to Zanu PF”.

Controversy About Plum Job for Angolan President’s Daughter

By GIN and INPS Africa Correspondent

NEW YORK | LUANDA (IDN) – President José Eduardo dos Santos, who has ruled oil-rich Angola for the last 37 years, has found a new and lucrative job for his daughter, Isabel dos Santos, ranked Africa’s richest woman by Forbes magazine.

President dos Santos, 73, tapped his daughter this month (June 2016) to head Sonangol, a parastatal that oversees petroleum and natural gas production in Angola. Using a presidential decree, he sacked the company’s directors, in a move some have called unconstitutional.

Ghana Debates Social Media Shutdown in Upcoming Elections

By GIN and INPS Africa Correspondent

NEW YORK | ACCRA (IDN) – Ghanaians who use social media could find themselves staring at a blank screen instead of Facebook or Twitter under a plan now being considered by Ghana’s Police Service (GPS).

Superintendent Cephas Arthur, Public Affairs director of the GPS, said that blocking Facebook, Twitter and other social media outlets during the upcoming presidential and parliamentary elections would be in the best interests of the nation. Such a ban would not infringe on people’s rights, he said, but would promote peace and ensure a violence-free election, he claimed.

Eritrea-Ethiopia: UN, AU, EU Can Avert War and Trigger Peace

Analysis by Reinhardt Jacobsen *

BRUSSELS (IDN) – While UN Secretary-General Ban Ki-moon has urged both Ethiopia and Eritrea to exercise “maximum restraint and refrain from any act or statement that could exacerbate the situation”, reports gathered by IDN from several independent sources close to the border between the two countries and in Eritrea, underscore the grave risks the armed conflict between the two East African countries entails.

Diverse sources claim that border skirmishes are ongoing unabated and that “war logic” is gripping both sides – with Eritrean and Ethiopian leaders putting on their “war masks”.

NEWSBRIEF: ‘Naive’ Libyan Fund Sues Goldman Sachs for ‘Abuse’

NEW YORK (IDN | GIN) – Over a four-month period, complex and unsuitable trades made by Goldman Sachs bankers ate up nearly the entire investment of a Libyan sovereign-wealth fund – an amount Libya is suing to recoup, according to a case now before a UK High Court.

The fund, set up under the regime of the then Libyan President Muammar Gaddafi, was intended to invest the country’s oil wealth just as sanctions against it were being lifted. Due to the fund’s limited experience with so-called “jumbo and elephant trades”, unwise trades nearly bankrupted the fund.

Goldman Sachs, on the other hand, reaped huge profits from only nine trades – including one larger than the bank had undertaken in a single stock – earning more than $200 million for the company, it was alleged.

NEWSBRIEF: U.S. Grants Asylum to Gambian President’s Nephew

NEW YORK (IDN | GIN) – The nephew of Gambian President Yahya Jammeh, threatened with the loss of his government scholarship over a pro-LGBT Facebook post, has been granted asylum in the U.S., local media reports.

Alagie Jammeh confirmed the story to the Washington Blade, an LGBT news source, in a telephone interview. Jammeh, who is due to graduate next week from the University of California, Santa Barbara, told the Blade that he wrote the post after he became friends with a gay man.

Alagie Jammeh had learned on May 17 – the International Day Against Homophobia and Transphobia – that U.S. Citizenship and Immigration Services had recommended him for approval. He told the Blade that his lawyer called him two days later and said his asylum request had been granted after passing a background check.

Famous Buddhist Temple Massages Its Way into Modern Healthcare Industry

By Kalinga Seneviratne*

This article is the seventh in a series of joint productions of Lotus News Features and IDN-InDepthNews, flagship of the International Press Syndicate.

BANGKOK (IDN | Lotus News Features) – Wat Po temple in Bangkok is better known for the huge reclining Buddha statue, which attracts millions of tourists each year. Some also quietly walk into the air-conditioned massage clinic inside the monastery premises to try out an “authentic” Thai massage wondering what has the temple and Buddhism got to do with massage.

What is today called Thai Massage is an ancient healing system combining acupressure and energy balancing techniques, based on Indian Ayurvedic medicine, and yoga postures. The founding father of Thai massage is an Indian born Ayurvedic doctor named Jivaka Kumar Bhacca, who lived during the time of the Buddha and is believed to have treated him as well. He is revered to this day throughout Thailand as the Father of Thai Medicine.

Begin typing your search term above and press enter to search. Press ESC to cancel.

Back To Top