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Laundromat Countries According to a report, India is among the leading “laundromat countries” that buy crude oil from Russia and then sell oil products to Europe at a profit. The report suggests that this practice is used by countries to launder money, avoid taxes, and bypass trade sanctions. India’s involvement in this process highlights…
Source : www.thehindu.com Date : 2019-01-31 STORMY WEATHER AWAITS INDIA IN 2019 Relevant for: International Relations | Topic: India’s Foreign Policy evolution and changes Nations are today working at cross-purposes across the globe. (Representational image) | Photo Credit: Getty Images/iStockphoto As India prepares for the general election this year, all signs point to 2019 being…
Source : www.thehindu.com Date : 2019-01-29 U.S. DECLARES IT HAS AGREED UPON PEACE FRAMEWORK WITH TALIBAN Relevant for: International Relations | Topic: India – Afghanistan The way forward:Afghan President Ashraf Ghani, centre, with U.S. special representative Zalmay Khalilzad, top left, during a Cabinet meeting in Kabul on Monday.AFPHANDOUT American and Taliban officials have agreed to…
Source : www.thehindu.com Date : 2019-01-23 CHINA CARRIES OUT OVERHAUL OF MILITARY Relevant for: Science & Technology | Topic: Defence related developments Lean and mean:The Army now absorbs less than half of the total personnel in the Chinese armed forces.Reuters China is on course to overhaul its military by pumping in technology and cutting down…
Source : www.thehindu.com Date : 2019-01-03 POWERING SOUTH ASIAN INTEGRATION Relevant for: International Relations | Topic: SAARC On December 18, the Union Ministry of Power issued a seemingly anodyne memo that set the rules for the flow of electricity across South Asian borders. Evaluated against the turbulent politics around the issue, the new guidelines are…
