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Obama warns killing Iran nuclear deal will damage American credibility

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Washington: Citing backing of nations like India and China that helped bring Iran to the negotiating table, President Barack Obama warned lawmakers they risked damaging American credibility if they vote to kill the Iran nuclear deal.

obama-356133_640“Let’s not mince words: The choice we face is ultimately between diplomacy and some sort of war – maybe not tomorrow, maybe not three months from now, but soon,” Obama said in a speech at American University Wednesday.

“How can we in good conscience justify war before we’ve tested a diplomatic agreement that achieves our objectives?” he asked.

Obama asserted that it was “our very willingness to negotiate that helped America rally the world to our cause, and secured international participation in an unprecedented framework of commercial and financial sanctions.”

“Keep in mind unilateral US sanctions against Iran had been in place for decades, but had failed to pressure Iran to the negotiating table.”

“What made our new approach more effective was our ability to draw upon new UN Security Council resolutions, combining strong enforcement with voluntary agreements from nations like China, India, Japan and South Korea to reduce their purchases of Iranian oil, as well as the imposition by our European allies of a total oil embargo,” he said.

“Winning this global buy-in was not easy-I know. I was there,” Obama said noting, “In some cases, our partners lost billions of dollars in trade because of their decision to cooperate.”

“But we were able to convince them that absent a diplomatic resolution, the result could be war, with major disruptions to the global economy, and even greater instability in the Middle East,” he said.

“In other words, it was diplomacy-hard, painstaking diplomacy-not sabre-rattling, not tough talk that ratcheted up the pressure on Iran.”

Using two points in history to underscore his argument-John F. Kennedy’s push for diplomacy with the Soviet Union and the vote to invade Iraq in 2002 — Obama warned that United States’  global standing was at stake.

“If Congress kills this deal, we will lose more than just constraints on Iran’s nuclear programme or the sanctions we have painstakingly built,” Obama said.

“We will have lost something more precious: America’s credibility as a leader of diplomacy. America’s credibility as the anchor of the international system.”

The decision facing lawmakers next month as they review the Iran deal is the most significant since Congress voted to invade Iraq more than a decade ago, Obama said.

(IANS)

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Oracle Witnessing Double-Digit Growth in India For Past 3 Years

The Oracle Autonomous Database now has the capability to automatically scan for security threats and apply security updates while running to help prevent cyberattacks and data theft

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Cloud major Oracle, which is seeing high demand in the Banking, Financial Services and Insurance (BFSI), telecom and manufacturing sectors in India, has witnessed double-digit growth in the country for the past three years, a top company executive has said.

Start-ups and small and medium businesses (SMBs) are fast adopting Oracle’s Software-as-a-Service (SaaS) in the country.

“We are seeing double-digit growth (on an average) in the country. In fact, that’s both in our NetSuite business as well as our enterprise business.

“The India Cloud business is really booming. Overall, the double-digit growth has been there for the last three years in the country, which has been the best-performing region in the Asia-Pacific for us,” Shaakun Khanna, India SaaS GTM Lead, Oracle, told IANS in an interview.

The company competes with major Cloud players like Amazon Web Services (AWS), Google Cloud Platform and Microsoft Azure and provides services such as SaaS, Platform-as-a-Service (PaaS) and Data-as-a-Service (DaaS).

According to Oracle, as a corporation, the firm is on track to become the top SaaS company in the world.

The company offers innovative and proven Cloud suite of SaaS applications that enable customers to transform their business with the latest intelligent technologies such as Artificial Intelligence (AI) and Machine Learning (ML).

“From a perspective of completeness of our enterprise applications, there’s no one who can compare with us. So, that’s pretty much our objective and vision in India as well,” Khanna added.

Oracle Launches Intelligence Map for Close Look at Internet.
Witnessing double-digit growth in India for past 3 years: Oracle. IANS

According to the company, going “autonomous” gave it an edge over rivals in the country.

Larry Ellison, Co-Founder and Executive Chairman of Oracle, in October unveiled the second generation Oracle Cloud with autonomous capabilities, improved security and upgrades for enterprises at the company’s annual user conference “Oracle Open World 2018” in San Francisco.

According to Khanna, autonomous is probably the biggest thing because, with autonomous, the ability to engage technologies like AI, ML, UI-UX, is there.

“I think the other advantage is our diversity, because if you look at it, we are the only company of our stature in the world that has everything — it’s not just the applications that are ours, the hardware, the infrastructure, the database, everything is Oracle,” Khanna noted.

Also Read- China, US Set To Take Action Against Each Other

The Oracle Autonomous Database now has the capability to automatically scan for security threats and apply security updates while running to help prevent cyberattacks and data theft.

“If you look at the way Oracle built its first set of Cloud infrastructure is very similar to how Google built it, how Amazon built it, how Microsoft built it, almost everyone built it and we are doing exactly the same.

“Larry and the other founders who started Oracle — they were working for a CIA project and then they came out and started Oracle. So we understand security from our DNA,” said Mitesh Agarwal, Vice President, Key Accounts, Oracle India.

“Almost all of our competitors have never managed to move an enterprise workload to the Cloud — not a single one of them. They all have peripheral applications that have moved to the Cloud. That’s still only about 5-6 per cent of the workloads in the world,” Agarwal informed. (IANS)