بسم الله الرحمن الرحيم
Headline News 27/03/2018
Headlines:
·US Territorial Hypocrisy
·The Trump Regime did not Collaborate with Russia
·Pakistan Receives Another Loan, Again
Details:
US Territorial Hypocrisy
US President Donald Trump in a tweet announced the US would back the Jewish entity’s annexation of the Golan Heights, a piece of Syria captured for strategic purposes during the 1967 Six-Day War. Whilst Trump has longed back Jewish entity’s claims this move creates a problem for the US in the long term. The US was the champion of the post-World War II order that made military conquest of territory unacceptable. What the Jewish entity has done with the Golan Heights is no different to what Russia has done with the Crimea. Anyone with claims upon neighbouring territory can readily consider the risk of war to adjust borders, while those already embroiled in territorial disputes, can now point to America's Golan decision as an ex post facto justification.
The Trump Regime did not Collaborate with Russia
The Mueller report has finally been released. The report’s conclusions, is that while Russia did use propaganda and hack Democratic Party organisations with the goal of undermining American public confidence in the presidential election results, no one in the Trump administration “conspired or knowingly coordinated” with Russia in these activities. The completion of Special Counsel Robert Mueller’s report does not impact US foreign policy, the investigation was primarily a domestic affair. The report did confirm yet again that Russia interfered in a US presidential election with malign intent. The Russian media are now speculating that the report’s completion will lead to improved relations between Russia and the US. This remains to be seen considering both nations have strategic differences.
Pakistan Receives Another Loan, Again
The State Bank of Pakistan announced it has received a $2.1 billion loan from China. The loan is to boost Islamabad's low foreign exchange reserves to $10.67 billion. This means the Imran Khan government is struggling to pay for imports or meet its existing debt requirements. This can be seen further by the fact that Finance Minister Asad Umar is meeting with the mission chief of the International Monetary Fund, Ernesto Ramirez Rigo, on March 26 to discuss additional bailout funding for the country. It would seem like many of his predecessors Imran Khan has no long term plan to deal with Pakistan’s finances, each loan taken is presented as the last last loan as the loan that will solve all loan crises.