Egypt is planning to drop the US dollar in bilateral trade with several member states of the BRICS group of emerging economies, Egyptian Supply Minister Ali Moselhy revealed on 12 June. Cairo is specifically looking to use local currencies to pay for imports from India, China, and Russia – three …

The payment in non-US dollar denominated currency helps alleviate Pakistan’s balance of payments crisis and furthers the broader trend of de-dollarization in developing nations Pakistan paid for its first imports of discounted Russian crude oil in Chinese currency, Reuters reported on 13 June, marking a significant shift in the south …

Israel is concerned about increased weapons proliferation among Palestinian resistance groups, focusing on smuggling from Jordan. However, these weapons may be coming from a source ‘closer to home.’ On 22 April, Israeli occupation authorities apprehended Jordanian parliamentarian Imad al-Adwan at the Allenby Bridge crossing. But this was no ordinary arrest. …