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Iran Nuclear Deal: Boost for Iranian, Indian economy, nuclear arms race may begin to haunt the world
By Gaurav Sharma
Iran on Tuesday completed a landmark nuclear deal with the six major world powers led by the US, an accord which could possibly herald the end of its long-standing stand-off with the West.
The deal envisages curtailment of Iran’s nuclear ambitions in exchange for lifting financial and economic sanctions which has crippled the Middle-Eastern nation for more than four decades.
The fine-print of the deal
Under the rules enunciated by the Joint Comprehensive plan of action, the 159 page document governing the multilateral agreement, Iran will continue to hold its nuclear infrastructure subject to the caveat of capping and partially rolling back its uranium enrichment plans.
The nuclear program will henceforth work under the monitoring and intrusive inspections of the UN watchdog, the International Atomic Energy Agency(IAEA).
Iran will have to reduce its stockpile of uranium enriching centrifuges and convert its Fordo enrichment site into a research centre. The nearly built reactor at Arak will have to be redesigned so that it cannot produce plutonium for nuclear weapons.
Sanctions and Embargo
Although Iran has maintained its nuclear program for more than a century, in 2002 it was barraged with economic embargo and financial sanctions following the Western intelligence agencies’ uncovering of two covert facilities–a Uranium enrichment facility at Natanz and a heavy plutonium facility at Arak.
The Western powers contended that there were several peaceful ways of producing nuclear power but these particular facilities were hallmark entities dedicated to producing fissile material for nuclear weapons.
The ‘revelation’, sparked an international alarm calling for the reining-in of Iran’s nuclear program, keeping in mind the launch of USA’s war in Iraq, an all-encompassing onslaught also initiated under the pretext of a “secret nuclear weapon programme”.
Talks between Iran and the E3–France, Britain and Germany started the following year but failed to reach any consensus. Iran continued its enrichment plan and refused to answer the many questions that IAEA posed after 2006.
In 2009, another covert facility was discovered near Iran’s holy city of Qom following which the UN Security Council passed a total of 8 resolutions against Iran.
By then Washington had passed several sanctions of its own against Iran, for non-nuclear activities such as terrorism and human rights violations. With the sanctions against Iran rising rapidly, the European Union(EU) also passed a sweeping oil embargo which compounded Iran’s economic survival.
The exclusion from Society for Worldwide Interbank Financial Transactions(SWIFT) made basic transactions a struggle and further tightened the noose on Iran.
The present consensus struck in the UN headquarters in Vienna is a follow-up of the secret diplomatic talks which began in 2013 between the US and Iran in Muscat, the capital city of Oman.
The agreement spells triumph for President Hassan Rouhani, elected two years ago on the plank of reducing the Islamic nation’s economic isolation.
Although it will take months before Iran receives the actual benefits of the lifting of sanctions, once the deal is implemented Tehran’s coffers will be wealthier by a humongous $100 billion in frozen assets. Oil exports which have been slashed to two-thirds will also be spurred.
With the reintroduction of the Iranian oil supply, global crude prices are expected to fall. The boost in availability will bring cheer to major importers such as India, thereby reducing the government’s subsidy bill. Transportation and insurance costs will likely fall too.
India’s connectivity plans with Central Asia via rail and road projects(North South Transportation Corridor) will be stepped-up following the expansion of footprint in Iran.
The much expected Chabahar port, which will give sea-land access to Afghanistan will become a reality by December 2016, providing access to crude oil and urea. Access to Afghani highways through the Iranian road network will help in safeguarding India’s strategic interests in the landlocked nation.
For Iran, the lifting of the international embargo will give it more economic muscle. More funds would mean more guns—the funding of the Shiite militia of Iraq, Syria and Lebanon.
However, the Sunni kingdoms of Middle East led by Saudi Arabia are likely to take a hawkish view of the situation and will further intensify the Sunni-Shia conflict which is engulfing Persian Gulf by the day.
Also, US ally Israel fears that Iran will use the financial resources to buy sophisticated weapons for Hezbollah, with Israeli Prime Minister Benjamin Netanyahu remarking that the nuclear deal was a “historic mistake” and may result in appropriate military action.
As a reminder to US’ flawed decision making, Israel unearthed videos of 1990’s when US diplomats appeared confident to avert nuclear threat from the pariah state of North Korea, but failed miserably.
Meanwhile, China and Russia have made clear their plans to supply weapons to Iran, holding it as a key customer in the Middle East.
On the other hand, Obama and the Western powers who supported the deal, argue in favour of the deal by bringing to light the fact that the “breakthrough time”– the amount of time required for Iran to manufacture a bomb has been extended by an year, a ‘considerable increment of nine months’.
Further highlighting the efficacy of the deal, Obama underscored a “snapback” mechanism under which sanctions against Iran would re-emerge if the deal was violated.
Be that as it may, the contentious issue of Israeli and Saudi reaction to the Iranian nuclear infrastructure remains a pertinent threat. The nightmare of a nuclear arms race in the fragile Middle Eastern landscape may become an abhorrent reality.
What Is Bullying?
Bullying is a pattern of recurrent aggressive behavior in which one person (or a group of individuals) in a position of authority intentionally intimidate or abuse another individual to cause bodily or emotional harm to that other. Bullying may take place in either a physical or verbal manner. Bullied individuals, as well as those who bully others, may have long-term repercussions.
Bullying may occur anywhere, at any time, in person or online (cyberbullying), and can take many forms, including verbal, physical, and social. Bullies utilize their position of power — such as physical strength, knowledge of something embarrassing, or popularity — to exert control over or damage other people. Many people assume that bullying occurs solely during childhood; nevertheless, bullying does not necessarily stop after a person reaches the age of adulthood.
Bullies in adulthood can take the form of a threatening boss or colleague, a controlling partner, a relative, or any other type of person. Even in our personal and professional lives, we sometimes encounter adult bullies who can be harmful to our mental well-being.
Bullied individuals, as well as those who bully others, may have long-term repercussions. | Photo by Unsplash
How To Deal With An Adult Bully?
For obvious reasons, adult bullying can be a painful and challenging experience for anybody who finds themselves on the receiving end of such behavior. Knowing how to deal with the antics of a bully properly, on the other hand, may help you learn, develop, and feel better levels of confidence. When you find yourself in this scenario, one of the most crucial things to remember is that you must not exhibit the bully any signs of fear. This might be difficult, depending on the sort of bully you are dealing with, but bullies enjoy fear, encouraging them to continue with their terrible conduct.
Maintaining a sense of connection with other people while dealing with bullying is quite essential. Bullies usually see alone persons as easier targets since they have a smaller support network to challenge them.
Courage and a support network are significant advantages; but, reporting the bully is also an excellent line of action. Contrary to common opinion, just ignoring a bully does not always prompt them to cease their behavior. Adult bullies of all kinds often interpret being ignored as a sign of weakness, encouraging them to continue bullying. If someone is bullying you, don't be scared to speak out and report the individual.
No one can make you feel inferior without your consent ~Eleanor Roosevelt
Keywords: mental health, bullying, bully, bullied, courage, abuse, harass, support, cyberbully
Silver and gold have always been preferred when it comes to wearing jewellery. Right from the times of monarchy in India, wealth and riches have been associated with wearing gold and silver for the various properties they have. Copper is a metal that has always been worn by the poor. It is not a metal that carries a significant association with health or wealth, but wearing at least one article of copper is extremely beneficial for health.
Copper is a reddish-brown metal that cannot be worn on its own. It has to be worn in the form of an alloy to prevent a reaction. Copper oxidizes in air and forms a green layer on it when exposed, much like the Statue of Liberty. Usually, bangles, chains, or rings of copper always have brass and traces of silver in them which helps with stabilizing its reactivity.
Wearing copper with stones in it looks very aesthetic, but copper is not durable enough to hold the stones, which is why it is fashioned into elaborate designs and sold. Copper is very malleable, and over time, the bangle or ring will take the shape of the wearer's hand or finger.
A copper ring Image source: Wikimedia commons
Jewellery made out of copper can be an excellent health indicator. Copper helps metabolize bodily functions faster, and the wearer experiences relief from indigestion. It also soothes joint pain, headaches, and arthritis. Using copper utensils also aids those with deficiencies. Since copper is absorbed slowly into the body, there is no fear of causing any kind of imbalance.
Sometimes copper leaves a greenish tinge on the skin. This happens when it oxidizes with sweat. This stain can be washed away with soap and water, but the fact that it appears is noteworthy. It is an indicator of too much acidity in the body. Greenish skin appears when the wearer's diet includes too much meat or acidic foods.
Copper might not be a very attractive metal, but wearing it has a lot of benefits for the health. It regulates metabolism, assimilation, and indicates health. It is definitely a good idea to wear copper jewellery at least once in a while.
Keywords: Copper jewellery, Copper is a health indicator, Metabolism, Oxidation, Benefits of copper
By Md Waquar Haider
When popular smartphone brands like Xiaomi and realme entered the laptop market in India last year, they were expected to shake the existing giants, specifically under the Rs 50,000 category. However, chip shortage and supply crunch have somewhat dented their plans to make a significant mark to date. According to industry experts, the issue with smartphone makers entering the laptop category is two-fold. The first one is a massive supply crunch in the laptop component market and only big brands are able to get volume and supplies.
The other factor is that the traditional players are very strong in the consumer laptop market. Top 3 players control more than 70 per cent of the market and strong portfolio, distribution, and channel reach as well as brand marketing has helped them massively. "New brands can surely make a dent in the consumer laptop market but are challenged by supply issues right now. Watch out for them in 2022 as and when supply situation eases up," Navkendar Singh, Research Director, Client Devices & IPDS, IDC India told IANS.
Dominated by HP Inc, Lenovo and Dell, the traditional PC market (inclusive of desktops, notebooks, and workstations) in India continued to be robust as the shipments grew by 50.5 per cent year-over-year (YoY) in the second quarter (Q2), according to IDC. Notebook PCs continue to hold more than three-fourth share in the overall category and grew 49.9 per cent YoY in 2Q21, reporting a fourth consecutive quarter with over 2 million units. Desktops also indicated a recovery as shipments grew 52.3 per cent YoY after recording the lowest shipments of the decade in 2Q20.
According to Prabhu Ram, Head, Industry Intelligence Group, CMR, driven by the pandemic and the associated accelerated pivot to remote work, learn and unwind culture, PCs have been witnessing heightened demand. "Despite the current supply chain constraints, PCs are here to stay in the new never normal. In the run-up to the festive season, established PC market leaders will continue to leverage their brand salience and gain market share," Ram told IANS.
According to industry experts, the issue with smartphone makers entering the laptop category is two-fold. | Photo by Manuel on Unsplash
"On the other hand, there is a niche market for those new market entrants that are able to differentiate themselves from the competition in terms of features and value. "Alongside, they would need to back it with strong brand messaging to create awareness and recall amongst the target consumers," Ram added.
HP maintained its lead in the India PC market with a 33.6 per cent share as its shipments grew 54.2 per cent annually. Dell Technologies continued to hold the second position with a 22.1 per cent share and an impressive 86.1 per cent YoY growth in 2Q21. Lenovo maintained the third position with a share of 17.8 per cent in 2Q21.
Arvind Suraj, Research Fellow, Jawaharlal Nehru University (JNU), said that there is always a trust issue with new brands. "You won't buy a laptop in 6 or 7 months just like smartphones. In this case, we often go for existing players. Brands like Lenovo, HP, ASUS and Acer have already gained our trust," he said. (IANS/ MBI)
Keywords: Chip, shortage, laptop, market, India, Xiaomi, hp, dell, brands