Norway claims end to boycott of Israel

Norwegian PM says she will not boycott Israel, but rather normalize the bilateral trade relations. The new Norwegian government, which so far was considered one of the most hostile administrations facing Israel, is working towards bracing the ties between the two countries and enhancing mutual cooperation in an array of fields. The conservative-progressive minority government,… Read More Norway claims end to boycott of Israel

Al Gore pave the way for “Oil and Islam-TV”

Al Jazeera Media Network has announced that it has acquired US cable channel Current TV. Al Jazeera is paying about USD 500 million for Current TV. That means former U.S. Vice President Al Gore’s stake in the deal may net him USD 70 million. Not surprisingly, much remains cloaked behind the deal’s burqa. Some are criticizing Mr.… Read More Al Gore pave the way for “Oil and Islam-TV”

India feels the heat for supporting Iran

India ships will lose insurance due to Iran sanctions, may look to China. Indian shipping firms will find it difficult to obtain replacement insurance coverage to continue importing Iranian crude oil after new European Union sanctions come into effect, industry sources said. State-run Shipping Corp. of India, the largest tanker owner in India, will lose… Read More India feels the heat for supporting Iran