The United Arab Emirates Is Heading For The Asteroid Belt
Sarah al-Amiri, chairwoman of the United Arab Emirates Space Agency, has announced that they are heading for the asteroid belt on a spacecraft named MBR Explorer, scheduled to launch in 2028. Building off the success of its Hope spacecraft, which is still circling and studying Mars, the United Arab Emirates announced on Monday plans for an […]
$7 Billion India-UAE Food Corridor Project & India’s New Farm Laws
In the backdrop of the Farmer’s Protest (Kissan Andolan), India and UAE have signed an ambitious $7 billion Food Corridor agreement according to which UAE will invest billions of dollars in a food processing complex in India which will purchase foodgrains, fruits and vegetables directly from 22 lakh farmers in Punjab, Madhya Pradesh, Uttar Pradesh […]
UAE Launches First Nuclear Power Plant In The Arab World Kickstarting A Gulf Nuclear Race
The United Arab Emirates (UAE), has launched the first nuclear power plant in the Arab world kickstarting a nuclear power race in the Gulf States. The Arab Gulf rulers fear that Washington is not a reliable long-term guardian. Generating their own nuclear power may offer an alternative path to retaining a US strategic interest in […]
Defense Ministry Lifts Ban On Swiss Pilatus
After suspending the Switzerland based firm for a year for major defense scandal just months ago, the Defense Ministry now lifts partial ban on Swiss Pilatus. Top IAF officials are believed to be under scanner for this aircraft deal. The new development come days after field-test failed Israeli Spike missiles were inducted into Indian Army. […]
Round Tripping Black Money As FDI -India’s Biggest Scam
One of the leading puzzles related to cross border flow of investment is the phenomenon of ‘Round Tripping’. Here, money from a country (eg. India) flows to a foreign country (Mauritius) and comes back as foreign direct investment to India. We were told that demonetization would combat the black economy and also crack a whip […]