Socio-Economics History Blog

Socio-Economics & History Commentary

India & Iran Drop Dollar in Oil Trade to Bypass US Sanctions – report

  • India & Iran Drop Dollar in Oil Trade to Bypass US Sanctions – report
    by https://www.rt.com/
    India will reportedly pay for Iranian oil in rupees as the two countries seek to bypass the US economic pressure on Tehran, industry officials have told the Sputnik news agency.


    Under the deal, the payments for oil will be made through India’s state-run UCO Bank, which has no US exposure. The countries are also discussing the barter-like system to avoid US sanctions, Sputnik reports.

    Iranian Foreign Minister Mohammad Javad Zarif is on a visit to India this week, where he has met with Indian counterpart Sushma Swaraj. “During the talks, the two sides also exchanged views on a further expansion of ties in banking, energy, trade, insurance, shipping, use of national currencies, Chabahar projects and Chabahar-Zahedan railway,” Zarif said in a statement.

    India’s Swaraj said the country would ignore the US trade sanctions against Iran. “India will comply with UN sanctions and not any country-specific sanctions,” Swaraj said. Iran is India’s third-largest oil supplier. India bought a record 27.2 million tons of oil from Tehran during the last financial year, which ended in March 2018. It represents a 114 percent increase on the previous year.

    read more.

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May 31, 2018 Posted by | Economics, GeoPolitics | , , , , , | Leave a comment

India Will Continue Doing Business with Iran: Sushma Swaraj

  • PressTV Published on May 29, 2018
    India says it only abides by the UN sanctions against Iran and not unilateral measures by other countries. Indian Foreign Minister Sushma Swaraj said New Delhi will not make foreign policy decisions under pressure from others. She was responding to a question on India’s response to the US withdrawal from the Iran nuclear deal. Swaraj later met with Iranian Foreign Minister Mohammad Javad Zarif. The Indian government issued a statement following their meeting. It said New Delhi wants the nuclear deal’s signatories to engage constructively with Tehran.

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May 29, 2018 Posted by | Economics, GeoPolitics | , | Leave a comment

British Push Mideast Wars to Derail Emerging Four-Power Cooperation

  • Schiller Institute Streamed live on May 17, 2018
    In October 2009, speaking at the Dialogue of Civilizations Forum on the Island of Rhodes, Lyndon LaRouche developed the concept that an agreement among four leading powers — the U.S., China, Russia and India — can form the basis for creating a new global credit system, to replace the hopelessly bankrupt Trans-Atlantic financial system which crashed spectacularly a year earlier. In the last years, under the direction of China’s President Xi Jinping, that potential began to take concrete shape. With the election in 2016 of Donald Trump as President, in large part due to his rejection of the policies of war and financial speculation of his predecessors, it appeared that he was prepared to take steps to move the U.S. to join this agreement.

    This alone explains the desperate moves against him, beginning with the fraudulent Russiagate accusations, cooked up by British intelligence networks and Obama’s intelligence officials. It also explains the push for sharper confrontation of the U.S. against Russia and China, including the Skripal affair, and the Douma false flag chemical weapons charges. The latest dangerous moves by Israel’s Netanyahu regime, against Syria, Iran, Lebanon, and the Palestinians, and the continuing genocidal war waged by the Saudis against Yemen, are part of this same deployment, to use war to stop the consolidation of LaRouche’s idea of a Four Power agreement.

    Helga Zepp LaRouche has said that the only thing which can stop this Four Power dynamic, which has been gaining momentum around China’s leadership, with the Belt and Road Initiative, is war. The war drive from Britain must be defeated! Join Mrs. LaRouche and your host Harley Schlanger this Thursday, for the latest update on this fight, and what you can do to ensure that the Empire and its geopolitical insanity is brought to an end.

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May 21, 2018 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , | Leave a comment

Pakistan BLASTS India for ‘Deliberately Killing Citizens’ as Tensions Spike

  • Pakistan BLASTS India for ‘Deliberately Killing Citizens’ as Tensions Spike
    by JOSEPH CAREY, https://www.express.co.uk/
    PAKISTAN has blasted India for “deliberately targeting citizens” as tensions along the contested border known as the Line of Control (LoC) surged and ceasefire violations were condemned, it has emerged.

    The Pakistani Foreign Ministry blamed the Indian Deputy High Commissioner Shri J.P. Singh for the “unprovoked violations” in a statement. It read: “The Director General, Dr Mohammad Faisal, summoned the Indian Deputy High Commissioner Mr J.P. Singh today and condemned the unprovoked ceasefire violations by the Indian occupation forces along the Line of Control on 27 February 2018 in the Nikial Sector resulting in the Shahadat (martyrdom) of a 13-year-old boy.”

    The ministry claimed that India was behind 400 violations this year alone along the LoC and Working Boundary that separates the two South Asian nations. It added that 18 citizens have been killed and 68 have been injured due to attacks across the border.

    read more.

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March 1, 2018 Posted by | GeoPolitics | , , | Comments Off on Pakistan BLASTS India for ‘Deliberately Killing Citizens’ as Tensions Spike

Pakistan & India Could Have Over 100 Nuclear Weapons Each

  • Pakistan & India Could Have Over 100 Nuclear Weapons Each
    by Kyle Mizokami, http://nationalinterest.org/
    Sandwiched between Iran, China, India and Afghanistan, Pakistan lives in a complicated neighborhood with a variety of security issues. One of the nine known states known to have nuclear weapons, Pakistan’s nuclear arsenal and doctrine are continually evolving to match perceived threats. A nuclear power for decades, Pakistan is now attempting to construct a nuclear triad of its own, making its nuclear arsenal resilient and capable of devastating retaliatory strikes.

    Pakistan’s nuclear program goes back to the 1950s, during the early days of its rivalry with India. President Zulfikar Ali Bhutto famously said in 1965, “If India builds the bomb, we will eat grass or leaves, even go hungry, but we will get one of our own.”

    The program became a higher priority after the country’s 1971 defeat at the hands of India, which caused East Pakistan to break away and become Bangladesh. Experts believe the humiliating loss of territory, much more than reports that India was pursuing nuclear weapons, accelerated the Pakistani nuclear program. India tested its first bomb, codenamed “Smiling Buddha,” in May 1974, putting the subcontinent on the road to nuclearization.

    read more.

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March 1, 2018 Posted by | GeoPolitics | , , , | Comments Off on Pakistan & India Could Have Over 100 Nuclear Weapons Each

India, Pakistan Trade Heavy Fire on LoC

  • India, Pakistan Trade Heavy Fire on LoC
    by https://timesofindia.indiatimes.com/, 27 Feb 2018
    JAMMU: Heavy firing exchanges started on Tuesday between Indian and Pakistani troops along the Line of Control (LoC) in Jammu and Kashmir’s Poonch and Rajouri districts, according to the defence ministry.

    The Pakistani Army targeted defence and civilian facilities in Poonch’s Bhimber Gali sector and in Rajouri’s Balakote, Manjakote, Lambi Bari and Naika Panjgrian areas, ministry sources said.

    “Pakistan firing started at around 8.45 a.m. The Pakistani troops used small arms, automatics and mortars. Our positions effectively and strongly retaliated,” they added.

    On Monday, a top army officer said that the increasing ceasefire violations by Pakistan are aimed at pushing more militants into the Indian side of the Line of Control (LoC).

    Speaking to the media, lieutenant general A K Bhatt, commander of army’s Srinagar headquartered 15 Corps said: “We have inputs that many infiltrators are waiting at the launching pads. We think infiltration will start sooner this year (2018) because of less snow.”

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February 28, 2018 Posted by | GeoPolitics | , , , , , | Comments Off on India, Pakistan Trade Heavy Fire on LoC

Indian Banks Face Crippling Credit Crunch As PNB Scandal Worsens

  • Indian Banks Face Crippling Credit Crunch As PNB Scandal Worsens
    by Tyler Durden, https://www.zerohedge.com/
    The biggest financial fraud in India’s history just got bigger.
    On Monday, Punjab National Bank disclosed that a fraud previously believed to be $1.7 billion had swollen to $2 billion as the true extent of the fraud is still coming into focus.


    But the impact that this now-$2 billion fraud has had on the shares of PNB and other state-run Indian banks is having a wide-ranging impact across the country’s financial system, according to Bloomberg.

    Foreign banks, worried about the systemic lapses that the scandal has exposed, have become unwilling to lend money to smaller Indian firms – causing massive disruptions in trade finance. All of this pressure has hammered the Indian rupee, which is on track for its first monthly drop since September. This is largely because India’s economy, like the US, runs a trade deficit, and depends on capital inflows to function.

    read more.

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February 28, 2018 Posted by | Economics | , , , | Comments Off on Indian Banks Face Crippling Credit Crunch As PNB Scandal Worsens

Border Tensions Displace Hundreds in Kashmir

  • PressTV Published on Feb 27, 2018
    Hundreds of families have been forced to leave their homes in the border town of Uri in Indian-controlled Kashmir after a fresh exchange of fire between Indian and Pakistani armies. As Press TV’s correspondent Shahana Butt reports locals fear escalation of violence following a 15-year lull in the area.

http://www.telegraph.co.uk/news/2016/10/04/india-builds-underground-bunkers-on-kashmir-frontier-as-border-c/

Click on image for article.

https://www.thesun.co.uk/news/1883306/pakistan-threatens-to-destroy-india-with-nuclear-bomb-as-atomic-enemies-edge-to-the-brink-of-war/

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http://sputniknews.com/asia/20160724/1043540049/india-pakistan-nawaz-modi-kashmir.html

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February 28, 2018 Posted by | GeoPolitics | , , , , , , | Comments Off on Border Tensions Displace Hundreds in Kashmir

57 Days, 400 Truce Violations: Pakistan Leaves Kashmir Reeling

http://www.biblegateway.com/passage/?search=Revelation+6%3A2&version=NKJV

  • This article is an Indian perspective of the situation. I am neither pro Pakistan nor India. Both countries are under the control of the Anglo-American western Illuminati. Their nuclear arsenal are under the control of the CIA. The western Illuminati is setting up both countries for nuclear WW3 in south Asia. The serpents need to ignite WW3 to usher in their Man of Sin, bringer of false peace and World Government.
  • 57 Days, 400 Truce Violations: Pakistan Leaves Kashmir Reeling
    by https://timesofindia.indiatimes.com/
    NEW DELHI: The line of control in Jammu and Kashmir between India and Pakistan remains extremely volatile, with ceasefire violations (CFVs) already jumping to over 400 in the first two months of this year. Apart from civilians, Pakistan has lost 23 soldiers in the firing duels+ , while the tally for India is 16 till now.

    If this trend continues-and it has shown no signs of ebbing as yet-then 2018 is likely to record the highest number of CFVs along the LoC in 15 years since the ceasefire along the 198-km international border in J&K, the 778-km line of control and the 110-km actual ground position line in Siachen came into force as a confidence-building measure between the two countries on November 26, 2003.

    The step-up in cross-border hostilities, which saw as many as 860 CFVs along the LoC and another 120 along the international border in 2017, began soon after Indian Para-Special Forces conducted the “surgical strikes” against terror launch pads in four different locations in Pakistan-occupied-Kashmir to avenge the killing of 19 Indian soldiers in a suicide attack at the Army camp in Uri in September 2016.

    As part of its policy to “pro-actively dominate” the 778-km LoC through punitive fire assaults and guerilla operations+ , the Indian Army has destroyed several Pak Army posts in areas like Balnoi, Mendhar, Kalal, Keran, Doda, Sarla, Laleali and Banwat over the last four to five months, as reported by TOI earlier.

    “The Pak Army posts aiding and abetting infiltration are being targeted. As per assessments, there are almost 400 terrorists in and around launch pads, both south and north of the Pir Panjal range, waiting to infiltrate into J&K,” said an officer.

    With even 105mm light field guns, heavy 120mm mortars and anti-tank guided missiles being regularly used by both sides over the last few months, the latest bout of heavy shelling took place in and around the Uri sector last week.

    read more.
http://www.henrymakow.com/ghandis_role_in_the_illuminati.html

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February 28, 2018 Posted by | GeoPolitics | , , , , , , , | Comments Off on 57 Days, 400 Truce Violations: Pakistan Leaves Kashmir Reeling

World War 3: Pakistan Promises to ‘TAKE REVENGE’ for Devastating India Border Attack

  • World War 3: Pakistan Promises to ‘TAKE REVENGE’ for Devastating India Border Attack
    by JOSEPH CAREY, https://www.express.co.uk/
    PAKISTAN has promised to take revenge for a devastating attack from India along the contested border known as the Line of Control (LoC) as tensions between the two South Asian nations flare, a retired soldier has claimed.

    Fayaz Ahmad stated that announcements were made over loudspeakers on the Pakistan side of Balakote that have declared acts of “retaliation” will take place. Mr Ahmad stated: “They said that India has killed many of our soldiers, we will take revenge for it after we bury our dead today. People are advised to take safety precautions.”

    Another resident in the region, Naseer Ahmad, spoke of “bombs exploding” and bullets being fired in the midst of heavy shelling. He declared: “All one could hear was the sound of bullets hitting tin or bombs exploding.

    “The firing continued from morning till evening. We could see smoke from the hills around us. “We are stressed. We don’t know what will happen when it will stop.”

    Both sides have been engaged in violations to the ceasefire that is supposed to be in agreement along the contested border. On Sunday New Delhi said that Pakistan had been “punished” for its “misadventure”, according to Brigadier Y.S Ahlawat of the Indian Army.

    read more.
https://www.express.co.uk/news/world/904693/World-War-3-Pakistan-India-Nuclear-threat-bluff-Line-of-Control-Khawaja-Asif-Bipin-Rawat

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https://www.dailystar.co.uk/news/world-news/674080/nuclear-war-india-pakistan-line-of-control-WW3-Twitter-threat-Hawaii-missile-alert-Trump

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https://sputniknews.com/asia/201712201060159548-india-military-exercise-pakistan/

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http://www.hindustantimes.com/world-news/pak-nsa-says-us-siding-with-india-warns-of-nuke-war-in-s-asia/story-vSUu1jZm4THbnfts46vgMO.html

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February 28, 2018 Posted by | GeoPolitics | , , , , , , | Comments Off on World War 3: Pakistan Promises to ‘TAKE REVENGE’ for Devastating India Border Attack

World War 3: India and Pakistan Leaders Issued with ‘PLEA’ to Halt ESCALATING VIOLENCE

  • World War 3: India and Pakistan Leaders Issued with ‘PLEA’ to Halt ESCALATING VIOLENCE
    by JOSEPH CAREY, https://www.express.co.uk/
    THE LEADERS of both India and Pakistan have been issued with a letter from civil society groups in the two Kashmirs that have come together to request both nations adhere to the ceasefire around the contested border, it has emerged.

    In a letter addressed to both Narendra Modi and Shahid Khaqan Abbasi, the Prime Ministers of India and Pakistan respectively, the letter urged the use of dialogue to prevent conflict that could lead to World War 3.

    It told the two figures to “resume ceasefire on borders and begin the process of dialogue to resolve the Kashmir issue by including all the people of Jammu and Kashmir”. The letter urging to halt violence between the two nations comes at a time when ceasefire violations rose to 881 on the borders in 2017. The horrifying figure marks a 230 per cent increase compared with 2016 – it is also the highest count in over 10 years.

    read more.
https://www.express.co.uk/news/world/904693/World-War-3-Pakistan-India-Nuclear-threat-bluff-Line-of-Control-Khawaja-Asif-Bipin-Rawat

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https://sputniknews.com/asia/201712201060159548-india-military-exercise-pakistan/

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http://www.hindustantimes.com/world-news/pak-nsa-says-us-siding-with-india-warns-of-nuke-war-in-s-asia/story-vSUu1jZm4THbnfts46vgMO.html

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February 19, 2018 Posted by | GeoPolitics | , , , , , , , | Comments Off on World War 3: India and Pakistan Leaders Issued with ‘PLEA’ to Halt ESCALATING VIOLENCE

India: Pakistan Will Pay for Border Attack

  • PressTV Published on Feb 12, 2018
    Tension is rising once again between India and Pakistan. New Delhi is warning that Islamabad will pay a price for the death of several people along their border. The warning comes after nine people including five soldiers were shot dead by militants in an attack on an Indian army camp in the disputed region of Kashmir. India’s Defense Minister Nirmala Sitharaman has accused Pakistan of supporting what she described as terrorists who came from the other side of the border. Sitha-raman added that Pakistan is expanding acts of terror and violates the ceasefire along the border. Pakistan earlier warned its neighbor against any cross-border strikes. Islamabad also rejected accusations by New Delhi, saying it’s irresponsible to blame others before any investigation is launched.

  • World War 3: India issues ‘HIGH ALERT’ after ‘Pakistan military attack’ kills at least six
    by JOSEPH CAREY, https://www.express.co.uk/
    INDIA has issued a “high alert” after an army base in the Jammu region was stormed by armed militants that killed at least five soldiers and a civilian during a period of high tensions between the two nations, it has emerged.

    New Delhi declared that the Pakistani military group Jaish-e-Muhammad carried out the horrific attack on the base home to over 3,500 troops. Shiv Dev Singh Jamwal, the police chief for Jammu, announced the high alert in the region. He declared: “A high alert has been sounded in Jammu, and security beefed up in and around the city.” Schools and shopping areas have been closed in a desperate effort to protect people from further attacks.

    read more.
http://www.henrymakow.com/ghandis_role_in_the_illuminati.html

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February 13, 2018 Posted by | GeoPolitics | , , , , , , , , | Comments Off on India: Pakistan Will Pay for Border Attack

India and Pakistan are Heading Towards a WAR as Violence Along Contested Border Escalates, Minister Warns

  • India and Pakistan are Heading Towards a WAR as Violence Along Contested Border Escalates, Minister Warns
    by SARA MALM FOR MAILONLINE, http://www.dailymail.co.uk/, 7 Feb 2018
    * Former Chief Minister of Jammu and Kashmir, warned of war in the state
    * Farooq Abdullah said India and Pakistan must stop shifting blame for violence 
    * At least 15 civilians and 13 soldiers killed in disputed region in recent flare-up

    India and Pakistan are heading for war over the disputed border region of Kashmir, the former Chief Minister for the state has claimed. Indian politician Farooq Abdullah, 80, said officials on both sides needed to stop blaming each other for the recent flare-up in the state, and start a dialogue before war breaks out.Violence in Kashmir, a state divided between Pakistan and India, has escalated in recent weeks, with at least 15 civilians and 13 soldiers killed and dozens injured on the two sides.

    The fighting also has caused extensive damage and sent tens of thousands of residents fleeing from their border homes. Mr Abdullah, former Chief Minister of Jammu and Kashmir and now MP for the Srinagar constituency in the Indian state slammed officials for putting the blame on Pakistan. 

    read more.

http://www.henrymakow.com/ghandis_role_in_the_illuminati.html

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February 8, 2018 Posted by | GeoPolitics | , , , , , , | Comments Off on India and Pakistan are Heading Towards a WAR as Violence Along Contested Border Escalates, Minister Warns

Silver Could Jump $10 per Day | John Rubino

  • SilverDoctors Published on Jan 30, 2018
    “It would be easy to picture silver going up by huge jumps – $10 in a day – for five or six straight days….That’s completely feasible,” says John Rubino of Dollar Collapse. After hitting the key resistance level of $1360, gold became overbought, and corrected back down, Rubino says.

    A currency reset is the only way out of our financial problems, Rubino says. The fundamentals of gold and silver are “outrageously bullish.” Plus, China, Russia, and India are buying massive amounts of gold. Rubino sees if interest rates continue to rise, a bond market collapse could result. “A bond market crisis could set off a huge bull run for precious metals.” Since silver is such a small market, “It would be easy to picture silver going up by huge jumps – $10 in a day – for five or six straight days….That’s completely feasible.”

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February 1, 2018 Posted by | Economics | , , , , , , , , , , , , , | Comments Off on Silver Could Jump $10 per Day | John Rubino

40,000 Indians Flee As Fighting Erupts On Pakistan Border

  • 40,000 Indians Flee As Fighting Erupts On Pakistan Border
    by Tyler Durden, https://www.zerohedge.com/
    Along the 786 km-long Line of Control (LoC) which divides the State of Jammu Kashmir between India and Pakistan, sporadic cross-border military gunfire between both countries is not that unusual.

    However, this weekend, in the region of Noushera, Rajouri and Akhnoor sectors of Jammu and Kashmir, more than 40,000 Indians have fled their homes and shops amid the fourth consecutive day of intense shelling from Pakistani military forces, the Economic Times reports.

    In the latest report from Indian 24 News, cross-border firing between both countries continues along the international border in the Kanachak and Pargwal sectors in Jammu, besides the LoC in the Nowshera area of Rajouri district on Sunday evening.

    read more.

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January 23, 2018 Posted by | GeoPolitics | , , | Comments Off on 40,000 Indians Flee As Fighting Erupts On Pakistan Border