New Delhi: Not everything seems to be good on the Western front!India will be looking with serious concern as the relationship between the United States and Iran is in a dire state and with each passing day it seems to be getting worse.India is the world’s third-largest consumer of oil, with 85 per cent of its crude oil and 34 per cent of its natural gas requirements being fulfilled by imports.6 million tonne (452,000 barrel per day) bought in year 2017-18, as reported by sources.In November, The white house then gave a six month waiver to eight countries, which included India to bring down oil imports to zero.Zarif is making the trip after a few weeks earlier Donald Trump decided to corner Iran, declaring that US will no longer grant sanctions exemptions to Iran’s oil customer. It gave all the countries six months to bring down all oil imports to zero.India, who are the second biggest buyer of Iranian oil after China, were pushed by the US to restrict their monthly purchase to 1.The US were the frontrunners at the United Nations Security Council to list Jaish-e-Mohammed chief Masood Azhar as global terrorist and during those discussions expected assurances from the Indian government on the Iran issue.

Iran, refusing to back down to the US pressure, has ratcheted up tensions.. This will be Zarif’s second visit in 2019.US policy toward Iran, announced in May 2018, involved withdrawing from JCPOA.Raveesh Kumar, spokesperson for Ministry of External Affairs, said the government will be working with partner nations, including the US, to find every possible way to secure and safeguard India’s energy and economic situation. Things are tricky for India, with Iran’s Foreign Minister Mohammad Javad Zarif flying to India on Monday for a scheduled meeting with India’s External Affairs Minister Sushma Swaraj. They want India to support the Trump administration’s will to disrupt and break Iran’s terror networks.Sources also reported that Zarif will brief Swaraj on the impact of withdrawal of JCPOA i. They are also likely to discuss the Chabahar port situation as the Trump Administration has assured that exemption on Chabahar will stand.President Donald Trump abandoned the landmark deal between Iran and P-5+1 countries.India were rather tight lipped after Donald Trump decided to end the waiver but after the April 22 announcement India said they were well equipped to eclipse the impact of the US decision.

The end to the waivers, means India no longer will be able to import oil from Iran, or else its state owned or private firms will face groundbreaking US sanctions.Zarif and Sushma Swaraj are likely to discuss the impact of the US decision and how to develop a course of action to deal with it.The United States have deployed an aircraft carrier and B-52 bombers to send a clear message to Iran China process of molding and the mullahs that it means business.25 million tonne or 15 million tonne in a year (300,000 barrel per day), down from around 22.e Joint Comprehensive Plan of Action and its long and short term consequences and impacts. Zarif is hoping India would rally behind Iran and throw its weight in what characteristically looks like a no holds barred conflict with the US.Early April, Washington made it clear to New Delhi that it supported them throughout the pulwama attacks and it expects India to return the favour and reciprocate. Other countries in the deal namely UK, France, Germany, China and Russia, along with Iran itself highly opposed the decision. “We are adequately prepared to deal with the impact of the US decision,” he said.Sources told The Indian Express that the Iran oil issue was flagged during Wilbur Ross’ visit last week, but US is showing no sign of flexibility to bulge

On the energy front, crude prices snapped their seven seven straight weeks of decline - the longest losing streak in three years as supply risk jumped back into the limelight on growing concern over Iranian sanctions cutting off a major supply source.26 per cent, or 155 paise.India&China household appliance injection mold39;s foreign exchange reserves fell by USD 33.98 from 79.02, or 1.08 from 96 earlier.87 per cent.The benchmark Brent crude surged over USD 1.The euro climbed to its strongest level in three weeks despite persistent rise in Italian yields.Meanwhile, foreign investors and funds pumped in over Rs 7,500 crore into the Indian capital markets so far this month on better corporate earnings coupled with improvement in crude oil prices.1377 and for the euro at 81.4 percent to end at USD75.24 before rebounding from a fag-end wallop, snapping a two-week losing streak.91, revealing a sharp gain of 24 paise, or 0.Mumbai: The rupee staged a spirited recovery from its life-time low to end higher by a whopping 24 paise at 69. The rupee had depreciated by a staggering 2.1699.

It crashed to a historic low of 70.24 briefly before recuperating all losses to end at 69.83 from last Thursday's closing value of 70. The Indian currency had its most turbulent week in more than two years witnessing record lows after doing little to quell investors' fears of a prolonged downturn ahead - a shock resembling 2013 currency crisis.50-256.2 million to USD 400.15 at the inter-bank foreign exchange (forex) market.Easing contagion risk on emerging-market currencies after last weeks carnage also added a positive vibe on the trading front.The domestic currency larely withstood the headwinds of surging crude prices and trade deficit worries.However, succumbing to a mid-week sell-off spooked by global trade war jitters, the rupee retrated sharply to breach the 70-mark once again to touch a low of 70.40 against the dollar last week in the wake of Turkey's currency crisis.. In the forward market, premium for dollar edged lower during the week due to susutained receiving from exporters.The 10-year benchmark yield ended modestly higher at 7. Globally, the US dollar shed windfall gains scored on the back of haven demand amid turmoil in emerging market assets.91 against the US currency in a highly volatile week on bouts of dollar selling by exporters and corporates.

The benchmark Brent crude surpassed the significant USD 75-mark a barrel once again on re-emergence of a supply shock.The rupee got hammered to hit a low of 70.78 per 100 yens from 63.12 and also remained under pressure against the euro to close at 80. The dollar index, which measures the greenback's value against a basket of six major currencies dropped to 95.86 per pound from last weekend level of 89. The US Dollar shed windfall gains scored on the back of haven demand amid turmoil in emerging market assets. Excess volatility and movements in # the US dollar had a major impact on the domestic unit initially.After a seemingly endless stream of gloomy news and falling values, sentiment has finally started to show signs of improvement globally against the backdrop of the upcoming visit of Chinese delegates to the US in order to re-ignite trade talks.53 on fresh dollar selling also supported by a strong rally in local equities. The British pound also extended its recovery but the lackluster rally signals that investors are still worried about Brexit.34 per cent.89.847 billion in the week to August 17 mainly due to fall in foreign currency assets, according to RBI data.The Federal Reserve Chair Jerome Powell comments at the Jackson Hole sent the US dollar lower against all of the major currencies on Friday after he confirmed that steady rate hikes are the best way to protect the US economic recovery, though investors were not impressed. The fresh breakout pushed the local unit to hit a high of 69.75 a barrel.

Chile: For almost a century, the inhabitants of Robinson Crusoe, named for literature&China dustbin mold39;s most famous castaway have known that their island's fragile ecosystem depends on them conserving its unique wildlife. Sustainable fishing is the archipelago's main goal..Cats, rats and coatis (a type of South American raccoon) are the main hazard for the Juan Fernandez firecrown, a type of hummingbird found only in the islands, and whose eggs and chicks are easy prey. The island chain secured its place in history as the home of Alexander Selkirk, the Scottish sailor marooned there for four years and four months, a tale he later related to Daniel Defoe, who penned his adventure book # based on his story.

It also connects to a network of marine reserves in Chile totalling some 1.Work has also been started to preserve the luma trees where hummingbirds nest, eradicating non-native blackberry bushes that strangle the trees.The wildlife of these remote islands faces various threats, including ocean trash, in particular plastic and invasive species that have been introduced to the fragile ecosystem of Juan Fernandez, home to around 1,000 people. One of the other islands in the chain is called Alexander Selkirk, the third is Santa Clara. Covering an area of 262,000 square kilometers (101,000 square miles) of ocean, it is one of the largest protected zones in the Pacific."People are taking this seriously," said Pablo Manriquez, coordinator for the NGO Oikonos, noting that residents have changed their street and house lights from white to red or green to help the shearwaters avoid crashing into buildings and trees in foggy weather, when the bright lights appear to disorient them.

They are also a threat to the pink-footed shearwater, a migratory seabird which only nests in the archipelago, where there are 35,000 pairs, and on Mocha Island, close to the mainland, where there are 60,000 breeding pairs.3 million square kilometers, meaning that about 44 percent of the nation's waters have some level of protection against mining and industrial fishing.In 1977, the archipelago was named a biosphere reserve and almost a year ago, Chile announced the creation of the enormous Juan Fernandez Marine Park. Downed birds are vulnerable to predators.The environment ministry has just launched a recovery plan to protect the underground nests of the shearwaters, which fly in to mate every year from the United States and Canada.One of three islands in the Juan Fernandez archipelago, 700 kilometers (430 miles) off the Pacific coast of Chile, it was discovered in the sixteenth century