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Saturday, 17 June

21:32

Greece shipwreck explained: The claims and counterclaims "IndyWatch Feed War"

Greece shipwreck explained: The claims and counterclaims

Government denies survivors' claims that it tried to tie a rope to the trawler that led to its sinking, as hundreds are feared dead
Areeb Ullah Sat, 06/17/2023 - 12:32
Survivors of a shipwreck off Greece's Peloponnese peninsula sit inside a warehouse at the port in Kalamata town, on 15 June 2023 (AFP)

Three days on and more questions than answers are emerging on how a rusty trawler carrying "hundreds" of people sank off the Greek coast in the deepest part of the Mediterranean Sea. 

On Friday, the United Nations called for an urgent investigation into the incident as hundreds were feared missing - including 100 children onboard the vessel.

Greek officials said it recovered the dead bodies of 78 men, women and children in the immediate aftermath of the shipwreck on Wednesday. Since then, no bodies have been found. 

Around 104 survivors - all men and primarily Syrian, Egyptian and Pakistani - were rescued after the incident, though as many as 500 more people are missing and feared dead.

But as Greek officials wrap up its search operation, many are asking if the Hellenic coastguard and its European partners could have done more to rescue people onboard the ship.

...

10:21

Russia wont let Ukraine be bleeding wound "IndyWatch Feed War"

BY M. K. BHADRAKUMAR | INDIAN PUNCHLINE | JUNE 17, 2023 

With the Ukrainian offensive under way for a fortnight, all eyes are on the battlefields, and, crucially, Russias options ahead. In a little over three weeks from now, the NATO will be holding a summit in Vilnius and the West has choices to make too. We are arriving at a fork in the road. 

The NATO expected the Ukrainian forces to punch through key Russian fortifications by now. In reality, they are struggling to get anywhere near the sprawling layered fortifications and in that desperate attempt, are taking  massive losses, entrapped in minefields and taken to pieces by Russian artillery and missiles and the dreaded multi-role attack helicopters known as Alligator.

The signposts are best seen in Russian President Vladimir Putins Kremlin press conference on Tuesday, lasting over three hours, with war correspondents. In just a weeks time after Ukraines offensive began, 2530 percent of the supplied equipment (from NATO) has been destroyed, Putin said. 

Putin underscored three things. First, the goals set for the special military operations are fundamental for us because Ukraine is part of the effort to destabilise Russia. What does that mean? 

It means Russian operations will not end without realising the twin objectives of demilitarising Ukraine and uprooting the present neo-Nazi regime in Kiev. The security and welfare of the Russian population also remains a cardinal objective no more pogroms. Putin said Russia is going about realising these objectives gradually, methodically.

Second, Putin flagged: The Ukrainian defence industry will soon cease to exist altogether. What do they produce? Ammunition is delivered, equipment is delivered and weapons are delivered  everything is delivered. You wont live long like that, you wont last. So, the issue of demilitarisation is realised in very practical terms. 

Third, the Kremlins preference so far has been to continue to grind down the Ukrainian military, whilst giving selective responses whenever any red lines were crossed eg., Russian strikes on Ukraines energy system, the destruction of the headquarters of the Ukrainian military intelligence. By the way, in that Kiev strike, Russia claims to have seriously injured Ukraines spy chief Kyrylo Budanov, the poster boy of western media. 

Going forward, Putin said everything will depend on the potential that is left at the end of this so-called c...

07:01

Untangling the Legacy: The untold story of long hair in men's history "IndyWatch Feed World"

Throughout history, long hair has held significant cultural symbolism, particularly for ancient civilisations like the Greeks. From warriors to philosophers, the men of ancient Greece revered their long locks as a symbol of masculinity and freedom. Delving into the rich history of long hair, one uncovers its associations with strength, honour, and personal expression. Here we unravel the intriguing stories behind ancient Greek men and their luscious manes. A Testament to Masculinity and Freedom Traditionally, long hair has always been a symbol of masculinity. All of history's great warriors had long hair, from the Greeks who wrote odes to their heroes' hair; to the Vikings who flaunted their braids; from the American Indians, famous for their long shiny hair; to the Japanese. And the longer and more beautiful the hair was, the more manly the warrior was considered to be. Achilles' hair [kom] is thick [amphilaph], lovelier than gold [khrusos], and becoming [euskhmn] no matter...

05:20

U.S. Sanctions Make Russian Economy Stronger and Precipitate Multipolar World "IndyWatch Feed War"

Strategic Culture Foundation | June 16, 2023

Russias economy is performing strongly, according to recent forecasts from the World Bank and International Monetary Fund. The outcome defies earlier predictions by the United States and its European allies which held that Western sanctions would bring the Russian economy to its knees and force it to submissively Cry Uncle.

When the conflict in Ukraine escalated 16 months ago (after eight years of NATO-sponsored aggression using the Kiev Neo-Nazi regime), various Western politicians and pundits were relishing the prospect of the Russian economy collapsing from Total War launched against its international banking and trade.

Well, it didnt turn out like that. Far from it. As the World Bank noted above, the Western sanctions have simply helped Russia boost alternative markets in China, India, and elsewhere around the globe. A principal earner for Russia is energy exports of oil and gas. Increased sales to Asia have maintained revenues despite the loss of European markets due to Western sanctions.

The paradoxical thing is that U.S. and European sanctions against Russia while intended to cripple the Russian economy have actually made the latter stronger.

Michael Hudson, an American global economics analyst, points out: The sanctions have obliged Russia to become self-sufficient in food production, manufacturing production and consumer goods.

Hudson also notes that the U.S. geopolitical strategy is to use sanctions in order to make its supposed European allies more dependent and subservient to Washington.

Another respected commentator, Glenn Diesen, a Norwegian geoeconomics professor, likened the use of Western sanctions to the self-destructive behavior of self-harm. The United States and European Union, he says, have handed over a huge market to the rest of the world.

Diesen also observes that 85 percent of the worlds population lives in countries that do not comply with Western sanctions against Russia. This global majority is more than ever creating new forms of trade and finance that obviate Western control. A major impetus for this positive development is the necessity bequeathed by Washingtons systematic abuse of power and privilege.

The repercussions...

00:48

The Emergence of a New Non-Alignment "IndyWatch Feed War"

Sahej Rahal (India), Juggernaut, 2019.

A new mood of defiance in the Global South has generated bewilderment in the capitals of the Triad (the United States, Europe, and Japan), where officials are struggling to answer why governments in the Global South have not accepted the Western view of the conflict in Ukraine or universally supported the North Atlantic Treaty Organisation (NATO) in its efforts to weaken Russia. Governments that had long been pliant to the Triads wishes, such as the administrations of Narendra Modi in India and Recep Tayyip Erdogan in Trkiye (despite the toxicity of their own regimes), are no longer as reliable.

Since the start of the war in Ukraine, Indias Foreign Minister S. Jaishankar has been vocal in defending his governments refusal to accede to Washingtons pressure. In April 2022, at a joint press conference in Washington, DC with US Secretary of State Antony Blinken, Jaishankar was asked to explain Indias continued purchase of oil from Russia. His...

00:20

Investigating Indias Army, Instagram Location Searches and Handling Traumatic Imagery: Here are the Results of Bellingcats Third Hackathon "IndyWatch Feed War"

In April, Bellingcat hosted its third hackathon, with the event focussing on increasing the accessibility of tools used for digital investigations. 

This sought to address an issue that Bellingcat has previously identified based on our survey of open source researchers: there are many tools that can be helpful in investigations, but theyre often difficult for researchers to configure and use. Many of them require installing one or more software packages, or have a command line interface, which can be intimidating for researchers who arent familiar with programming.

Were excited to present the final projects from this hackathon here with a brief explanation as to what they can do. We hope to see them used by open-source researchers in the future. In addition, Bellingcat is offering Tech Fellowships to the developers of the winning projects to further develop their tools.

In the latest hackathon, many aspects of accessibility were creatively addressed by different projects. Initially we anticipated the hackathon would lead to new browser interfaces for existing tools, but instead projects simplified complicated parts of workflows or organised information from documents addressing other important dimensions of accessibility.

We were happy to see several developers have participated in all three of Bellingcats hackathons and that a community is coalescing around the intersection of open-source software and open-source research. Tech Fellowships are being offered to the developers of the winning projects to further develop their tools, and if youd like to learn more about the hackathons, dont forget to check out the results of our first and second events.

Were excited to present the final projects from this hackathon below with a brief explanation about what they can do. We hope open source researchers will be able to use these new tools in the near future.

Top Prizes

First Place: Project Sentinel was developed by Myth and Laurence and is an interface for searching for documents from Indias Armed Forces Tribunal website. These documents detail complaints made against the Indian military from personnel or their family members. While they are publicly available online they are not centrally organised and are difficult to...

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Friday, 16 June

23:52

Greece shipwreck: UN calls for urgent investigation into deadly disaster "IndyWatch Feed War"

Greece shipwreck: UN calls for urgent investigation into deadly disaster

Hopes fade as Greek coastguard scours sea on last day of search operation, with hundreds feared missing
MEE staff Fri, 06/16/2023 - 14:52
A Syrian survivor cries as he reunites with his brother at the port of Kalamata, Greece, 16 June (Reuters)
A Syrian survivor cries as he reunites with his brother at the port of Kalamata, Greece, 16 June (Reuters)

The United Nations has called for an urgent investigation into an incident when a boat holding hundreds of people sank off the Greek coast, as reports claim the coastguard ignored distress calls from the vessel. 

Greek officials said at least 78 people died, with hundreds feared missing, including a hundred children, after the sinking of a rusty trawler off Greeces Peloponnese peninsula on Wednesday.

Around 100 survivors - the majority Syrian, Egyptian, and Pakistani - have been recovered, though it is thought as many as 500 more people could be dead.

There were 100 children reportedly in the boat's hold.

On Friday, the Greek coastguard was continuing its search operations, set to conclude at the end of the day.

The UNHCR described the incident in a joint statement on Friday as the worst incident in several years to have taken place in the Mediterranean and its surrounding seas. 

UN human rights spokesperson Jeremy Laurence told reporters in Geneva that there is a need to investigate "people smugglers" and "human traffickers"...

23:47

Man killed in wild bear attack in south Kashmir, India "IndyWatch Feed World"

A man was killed on Friday after he was attacked by a wild bear at Cheerward village of Kokernag in south Kashmir's Anantnag district. An official said that a wild bear attacked a man identified as Zameer Ahmad Beigh, son of Muhammad Yousuf Beigh, aged 40/42 at Cheerward village. He was immediately rushed to the hospital, however, he succumbed to injuries on the way to the hospital, an official said. Meanwhile, locals appealed to the authorities to capture the wild bear at the earliest.

23:24

West Asked Kiev to Kill as Many Russians as Possible Ukrainian MD "IndyWatch Feed War"

According to the Ukrainian Minister of Defense, Kievs sponsors reportedly demanded that the regime eliminate as many Russians as possible as a condition for sending weapons. The case shows how the West really does not expect a Ukrainian victory on the battlefield, only seeking to weaken Russia as much as possible.

Kievs defense chief Aleksey Reznikov claimed during an interview to Foreign Policy that Western supporters, before establishing a policy of unlimited military aid, demanded from Ukraine that as many Russian citizens as possible be killed. Once the extermination of Russians is guaranteed, Western support will be maintained as long as it takes, informed the minister.

He told

22:29

Bauxite: Jamaicas Lucrative Red Dirt "IndyWatch Feed War"

Jamaica is a global producer of bauxite, a critical material used to produce aluminum. The Caribbean island, most well-known globally for its vibrant tourism industry, has exploited this red dirt for decades. While the industry remains profitable, there has been significant push-back recently, including a recent landmark Supreme Court ruling against a new mining project.

 

The importance of Red Dirt

In 2022, Jamaicas bauxite production totaled 7,048kt, up 22% from 2021, and the Caribbean island accounts for 2% of global bauxite production. The major global producers are Australia, China, Guinea, Brazil, and India; Jamaica hovers around the 10th place according to Statista, though other outlets put Jamaica in the seventh spot.

The top mining projects on the island are the St. Ann Bauxite Mine (owned by the government of Jamaica and New Day Aluminium), Windalco Mine (owned by United Company Rusal), and Alpart Project (owned by Jiuquan Iron and Steel: JISCO). In late 2021, United Company RUSAL (UC RUSAL) began making payments towards the US$35 million Bauxite Production Levy owed for the April 2018 to September 2021 period. In early June 2023, Mining Minister Floyd Green met with JISCO Alpart to discuss the companys plans for the reopening and resumption of plant operations, which has been stalled since 2019.

The post Bauxite: Jamaicas Lucrative Red Dirt appeared first on Geopolitical Monitor.

19:09

Nations lining up to join BRICS - Russian deputy FM "IndyWatch Feed World"

An increasing number of nations are moving towards joining the BRICS bloc, Russian Deputy Foreign Minister Sergey Ryabkov has said. Nearly 20 candidates are currently in the pipeline, with current member states deciding on how to organize the expansion, he said. BRICS, which began as an informal club of non-Western developing nations, plays "an increasing and already significant role in the international arena," the diplomat told TASS on Thursday. The organization rejects the idea that some nations should lead others and instead determines its agenda based on consensus, Ryabkov added. The group currently comprises Brazil, Russia, India, China and South Africa as full-fledged members, but a number of nations have already applied to join. These include Trkiye, Mexico, Indonesia, the UAE, and Egypt, among others.

19:03

Trump election victory 'can bring peace' - Hungary "IndyWatch Feed World"

The return of Donald Trump to the White House would herald a "peaceful future," Hungarian Foreign Minister Peter Szijjarto has said. Szijjarto and Prime Minister Viktor Orban both believe that Trump's victory in the 2024 US presidential elections would be key to resolving the conflict in Ukraine. "If President Trump had won the last presidential election here in the US, this war would not have broken out," Szijjarto told Newsmax, an American conservative broadcaster, on Tuesday. "During the term of President Trump, there were no Russian attacks against anyone," Szijjarto explained, adding that Hungary looks "at his possible return to the White House as a hope for a peaceful future." While mainstream Republicans have lined up to support US President Joe Biden's policy of indefinite military aid to Ukraine, Trump and a small number of his supporters in Congress have accused Biden of instigating a global war by continuing to rule out peace talks while progressively heavier weapons...

09:32

Killing the Story: Bakhmut, Nick Cohen, Kakhovka, Nord Stream, and Piers Morgan "IndyWatch Feed War"

The late writer, broadcaster and wit Clive James formulated what he called the Barry Manilow Law:

Everyone you know thinks Barry Manilow is absolutely terrible. But everyone you dont know thinks hes great. (James, cited Martin Amis, Inside Story, Vintage, 2020, e-book, p.74)

Everyone you know thinks BBC News is absolutely terrible. But everyone you dont know thinks its great.

The BBC wasnt always quite this bad. When we started out in 2001, people like Director of News Richard Sambrook and Newsnight editor Peter Barron sent us long, respectful replies to our analysis. We were invited to appear on BBC One, BBC Two and BBC radio (we were interviewed by BBC Radio Five Live). Barron even blogged about us positively on the BBC website.

All of this has gone. Our criticisms, now, are met with paranoid silence. And there is much for BBC journalists to be paranoid about, for they are now clearly operating as de facto agents of state.

When the US targeted Syria for regime change in 2011, a flood of anti-Assad atrocity claims and pro-rebel propaganda washed across the BBCs news pages. The BBCs campaign ended the moment the US campaign for regime change ended. When Iran, Venezuela and Libya fell under the US crosshairs, the same BBC propaganda machine cranked into action. Similarly, anyone measuring BBC performance 2022-2023, will find hundreds of reports and comment pieces country is technically not at war with Russia certainly Russia is not attacking us. It couldnt be more obvious that when the green light for war and regime change is on, the BBC is expected to host daily propaganda pieces to generate public support.

In his superb...

05:58

Taliban Border Clashes With Neighboring States Of Afghanistan (Map Update) "IndyWatch Feed War"

Taliban Border Clashes With Neighboring States Of Afghanistan (Map Update)

Click to see full-size image

Originally published by IslamicWorldNews

Since the onset of Talibans takeover of Afghanistan in August 2021, the Taliban-affiliated militants have conducted 26 clashes with Afghanistan neighbors. The armed conflicts have resulted in the death and injury of dozens of civilians as well as border guards from Iran, Pakistan, Afghanistan and other neighboring countries.

The main root cause of the Talibans border clashes with Afghanistans neighbors is that the Taliban militants possess insufficient know-how regarding international border laws and regulations. More importantly, the Taliban rulers do not make any effort to prevent tensions with their neighbor states!

Afghanistan is a landlocked country, which does not have any access to free waters. And the prelude to the establishment of stability and security in such a region is cooperation with neighboring states in order to create appropriate condition for economic and political growth along with issues such as security and stability.

Unfortunately, following five decades of conflict and bloodshed in Afghanistan, the country is still involved in ethnic clashes as well as pursuit of self-interest by powerful individuals and one-dimensional governments. Hence, it can be predicted that the war-torn...

05:32

The BBCs War on Disinformation is Just Government Censorship by Another Name "IndyWatch Feed War"

BY SHIRAZ AKRAM | THE DAILY SCEPTIC | JUNE 15, 2023

In 2017 the BBC announced its intention to assemble a dedicated team to fact check and debunk deliberately misleading and false stories masquerading as real news.  News chief James Harding proclaimed that the Reality Check team would be weighing in on the battle over lies, distortions and exaggerations. Harding continued: The BBC cant edit the internet, but we wont stand aside either. Harding goes further to say the corporation had been inundated by news in 2016 because the world was living in an age of instability.

It appears that the BBC has not coped particularly well with this excess of news and the methods employed by the Reality Check team have not generated the desired outcome. According to data compiled by the Reuters Institute for the Study of Journalism, the BBC has experienced a decline in public trust from 75% to just 55%, with other mainstream TV broadcasters and print news suffering a similar decline over the same period, from 2018-2022. Further to this, the most recent global annual report published by the Edelman Trust Barometer placed the U.K. in 26th position, ahead of only South Korea and Japan in terms of public faith in media. The survey clearly tells us that the U.K. remains one of the countries with the lowest faith in media.

So what is driving this decline in trust? Is fake news to blame? Or, paradoxically, could the efforts of the BBC to counter such stories be exposing its own limitations? A typical example of how BBC Reality Check chooses to weigh in is illustrated in this 2022 report, Does video show Russian prisoners being shot? The report is unable to provide sufficient evidence to debunk the authenticity of the footage, which, the BBC states, has been claimed to show Ukrainian soldiers shooting Russian prisoners of war. Instead, it offers the reader a discourse, the content of which is clearly riddled with omission, selection and presentation bias. The report reads like a crude attempt to defend a narrative, rather than an objective attempt to elucidate a news story.

Consider this...

04:56

World BEYOND War in Africa Contributes to Democracy Residencies with Other Organisations in the Global South "IndyWatch Feed War"

By Guy Blaise Feugap, World BEYOND War Cameroon Chapter, June 15, 2023

In the Global South, anti-democratic practices in times of crisis are emerging as a common problem. This was observed by participants in the new Residencies for Democracy programme, designed to connect people working to solve democracy problems with host organisations with the necessary expertise, under the coordination of Extituto de Poltica Abierta and People Powered since February 2023. The Cameroon Chapter of WBW is contributing to this project through the Demo.Reset programme, designed by Extituto de Poltica Abierta to develop collective knowledge about deliberative democracy and share ideas across the Global South, with the collaboration of over 100 organisations in Latin America, sub-Saharan Africa, South-East Asia, India and Eastern Europe.

In sub-Saharan Africa, there is a history of electoral violence linked to non-transparent and non-inclusive democratic processes. Given the security challenges facing these countries and the experience of electoral conflicts on the continent, which have literally plunged some countries into a vicious cycle of war, World BEYOND War seeks to ensure that young people are effectively taken into account in democratic processes. In Cameroon for instance, the most recent elections with public participation were the presidential election on 7 October 2018 and the municipal and legislative elections on 9 February 2020. They have led to tensions added to the security context marked by several conflicts and crises, notably with calls for a boycott of certain political parties, threats and killings of some who have expressed their right to vote or stood as candidates, and the persistent contestation of the results of the October 2018 presidential election. As a result of these facts, it is legitimate to fear, as in 2018, violence during the next elections, with the presidential one taking place in 2025. Mechanisms are needed now to ensure the participation of young people.

...

03:38

Egypt eyes dropping US dollar in trade with BRICS nations "IndyWatch Feed World"

Egypt is planning to drop the US dollar in bilateral trade with several member states of the BRICS group of emerging economies, Egyptian Supply Minister Ali Moselhy revealed on 12 June. Cairo is specifically looking to use local currencies to pay for imports from India, China, and Russia - three members of the BRICS bloc, which also includes Brazil and South Africa. "There are discussions so that we can trade in local currencies of countries like India, Russia, or China," Moselhy told Reuters on Monday after debunking reports that a credit line had been opened with India.

02:07

Asian central banks to ditch SWIFT, adopt Iran's alternative as de-dollarization accelerates "IndyWatch Feed World"

In the latest shot fired in the growing rebellion against US dollar dominance, the nine-nation Asian Clearing Union (ACU) has agreed to use Iran's financial messaging system as an alternative to the dollar-denominated SWIFT system that has long served as the globe's financial nervous system. "The secretary general of the Asian Clearing Union (ACU) says Iran's financial messaging system SEPAM will replace SWIFT, a dollar-based international system, in trade exchanges between ACU members beginning next month," Iran's IRNA News Agency reported. At a Tehran summit in May, ACU members agreed to establish a SWIFT alternative within a month. The adoption of Iran's SEPAM will be an interim measure, as the ACU will develop its own messaging system over the next several months. Established in 1974, the ACU now comprises the central banks of India, Pakistan, Iran, Bangladesh, Myanmar, Maldives, Nepal, Sri Lanka and Bhutan. Belarus and Mauritius applied for ACU membership at the May summit...

Thursday, 15 June

22:51

Landslides and flash floods triggered by heavy rain wreak havoc in South West Khasi Hills in Meghalaya, India "IndyWatch Feed World"

Landslides and flash floods, triggered by heavy rain that lashed the state since June 13 evening, have been reported in different locations in South West Khasi Hills district. In one incident, a school - Khlur Rit Government LP School and a house, belonging to one Jopcy Wanniang, at Mawpun village were damaged in a landslide that occurred in the wee hours of June 14 around 1.30 am. Fortunately, no casualty was reported.

21:14

79 migrants die after boat capsizes off Greece "IndyWatch Feed World"

At least 79 migrants have died and hundreds of others went missing after their overloaded boat capsized on its way to Greece. The incident took place on Wednesday, marking one of Europe's deadliest shipping disasters in recent years. The vessel is suspected to have been packed with around 750 migrants, mostly from Egypt, Syria, and Pakistan, who had set out on the perilous journey from Libya. "There were too many people on the outer deck. It was full," said Greek coastguard spokesperson Nikos Alexiou. The precise site of the disaster has been identified as the Mediterranean waters about 80 kilometers (50 miles) southwest of the southern Greek coastal town of Pylos.

20:41

Egypt has 'applied' to join Brics, says Russian ambassador "IndyWatch Feed War"

Egypt has 'applied' to join Brics, says Russian ambassador

Georgy Borisenko says Egypt was "very interested" in developing new trading links with Russia
MEE staff Thu, 06/15/2023 - 11:41
(L to R) Foreign ministers of China, Brazil, South Africa, Russia and India pose for photos at the Brics meeting on 1 June 2023 in Cape Town (AFP)
(L to R) Foreign ministers of China, Brazil, South Africa, Russia, and India at the Brics meeting on 1 June 2023 in Cape Town (AFP)

Egypt is applying to join the Brics group of developing economies, according to the Russian ambassador to the country.

"Egypt has applied to join the Brics group, because one of the initiatives that Brics is currently engaged in is the maximum transfer of trade to alternative currencies, whether national or the creation of some kind of joint currency," Georgy Borisenko told Russian state news agency TASS on Wednesday.

"Egypt is very interested in this."

He added that the two countries were planning new trade agreements and were looking at "new mechanisms for mutual settlements in these trade operations".

Diplomats from the Brics countries - a group of the worlds emerging economies Brazil, Russia, India, China, and South Africa - had earlier this month suggested the bloc could be open to expansion.

During a conference in South Africa, the diplomats called for a "rebalancing" of the global order.

"Our gathering must send out a strong message that the world is multipolar, that it is rebalancing and that old ways canno...

15:52

Sardar Patel a mythical Hindu icon? "IndyWatch Feed Asia"

Sardar Patel a mythical Hindu icon? first shown on Taazakhabar News

Sardar Patel - a Hindu icon?

Critical histories have been written about all our national heroes, from Nehru to Gandhi to Netaji and even Ambedkar, and there is thus no reason why Sardar Vallabhbhai Patel should not be subjected to scrutiny too.

Undoubtedly, Sardar Vallabhbhai Patel was a nationalist, a patriot, a freedom fighter, an able administrator, and the most important political person after Gandhi and Nehru in the 1940s. He was at the helm of affairs during the critical period of modern Indian history.

Many people believe that Gandhi wronged Patel by preferring Nehru as the first Prime Minister of India. His role as Union Home Minister and Deputy Prime Minister in the political unification of India by integrating 562 princely States in contrast to Nehrus failure to smoothly integrate even one princely state of Kashmir, made Patel a superhero for nationalists. They, therefore, hypothesize that had Gandhi chosen Patel over Nehru as the PM, the country could have been spared of most, if not all, of its present-day problems. It is in this popular imagination that Patel was the best Prime Minister that India did not have, he is celebrated as the Iron Man of India.

It is debatable whether Gandhi had that kind of clout on the eve of independence where he could personally anoint a PM of his choice, but one should certainly ask whether Patels India would have been any different if he had been Gandhis choice.

Patel has been lionised by the Sangh Parivar, and it has been their constant refrain that Patel was a victim of Gandhis indifference and Nehrus machinations. Prime Minister Narendra Modi when he was Chief Minister of Gujarat, built...

06:48

Market Talk June 14, 2023 "IndyWatch Feed World"

ASIA:

Indias wholesale price-based inflation fell by 3.48 per cent in May on an annual basis as against a contraction of 0.92 per cent in April, the Department for Promotion of Industry and Internal Trade, Ministry of Commerce & Industry stated on Wednesday. The inflation rate for the food index witnessed a contraction of 1.59 per cent in May. For primary articles, inflation contracted by 1.79 per cent in May. Fuel & power inflation was reduced by 9.17 per cent in May. Meanwhile, inflation in manufactured products, which accounts for a major chunk of the WPI, declined 2.97 per cent against a contraction of 2.42 per cent in April. Indias retail (CPI) inflation had also moderated further in May to hit a two-year low of 4.25 per cent against 4.7.

The major Asian stock markets had a mixed day today:

  • NIKKEI 225 increased 483.77 points or 1.47% to 33,502.42
  • Shanghai decreased 4.68 points or -0.14% to 3,228.99
  • Hang Seng decreased 113.00 points or -0.58% to 19,408.42
  • ASX 200 increased 22.80 points or 0.32% to 7,161.70
  • Kospi decreased 18.87 points or -0.72% to 2,619.08
  • SENSEX increased 88.03 points or 0.14% to 63,231.19
  • Nifty50 increased 39.75 points or 0.21% to 18,755.90

 

 

The major Asian currency markets had a mixed day today:

  • AUDUSD increased 0.00692 or 1.02% to 0.68352
  • NZDUSD increased 0.00868 or 1.41% to 0.62348
  • USDJPY decreased 0.856 or -0.61% to 139.354
  • USDCNY decreased 0.02254 or -0.31% to 7.15236

 

Precious Metals:

  • Gold increased 12.13 USD/t oz. or 0.62% to 1,955.46
  • Silver increased 0.361 USD/t. oz or 1.52% to 24.041

 

Some economic news from last night:

New Zealand:

Current Account (QoQ) (Q1) increased from -10.07B to -5.22B

Current Account (YoY) (Q1) increased from -34.39B to -33.03B

 

Some economic news from today:

India:

WPI Inflation (YoY) (May) decreased from -0.92% to -3.48%

 

 

EUROPE/EMEA:

The British Pound Sterling strengthened against the US dollar after data revealed modest growth in the UK economy for April. The Office for National Statistics reported a 0....

04:48

Chinas Xi Puts Forth Proposal to Settle Israeli-Palestinian Conflict "IndyWatch Feed War"

Sputnik 14.06.2023

BEIJING Chinese President Xi Jinping on Wednesday put forward a three-point proposal to resolve the Israeli-Palestinian conflict during the meeting with his Palestinian counterpart, Mahmoud Abbas.

First, the basis for settling the Palestinian issue is the establishment of an independent state of Palestine with full sovereignty within the 1967 borders with East Jerusalem as its capital, Xi Jinping was quoted as saying by the Chinese national broadcaster.

Second, the Chinese president pointed out that the needs of the Palestinian economy should be met and the international community should increase humanitarian and development assistance to Palestine.

Third, the right course of peace negotiations should be followed. Respect the historical status quo of Jerusalems religious shrines, refrain from radical and provocative statements and actions, promote a larger, more authoritative and more influential international peace conference, create conditions for the resumption of peaceful talks and make concrete efforts to help Palestine and Israel coexist...

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