According to an Israeli firm, an oil pipeline running from the Red Sea resort of Eilat to the Mediterranean port city of Ashkelon will be extended to the United Arab Emirates,
providing the UAE with a bridge to directly get fossil fuel to Europe. The @TimesofIsrael claimed that it is seen as one of the most important partnerships to have emerged since the countries formed diplomatic relations.
The MoU is between Israel's government-controlled Europe-Asia Pipeline Co, formerly the Eilat-Ashkelon Pipeline, and the MED-RED Land Bridge, located in the UAE. With US Treasury Secretary Steve Mnuchin and other US and UAE officials present,
it was signed in Abu Dhabi, meaning the signing would have taken place shortly before they traveled to Israel for a historic visit. Collaboration is important news for the global energy market,
EAPC said in a statement, as it will provide oil producers and refiners with the shortest,
most reliable and most cost-effective route to transport oil and related products from the Arabian Gulf to West Consumption Centers and provide consumers in the Far East with access to oil produced in the Mediterranean and Blacksea region.
According to @Reuters, which cited an anonymous official with knowledge of the agreement, the deal is worth between $700 million and $800 million over several years. The report said supplies could start at the beginning of 2021.
Petromal, part of the Abu Dhabi-based National Holding, the Israeli company AF Entrepreneurship, and the multinational infrastructure and energy company Lubber Line are joint owners of MED-RED.
Initially, in 1968, EAPC was founded to ferry Iranian oil to Israel. After that spigot was shut down because of the Islamic Revolution, it has continued to work and was blamed for the worst oil spill in the history of the country in 2014.
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More from @Xy5Z89

25 Oct
#India #Nepal #NewDehli #China #Annexation

An Indian intelligence agency has flagged that in Nepal, China is conquering more ground.
An Indian internal intelligence agency study said that as the Nepali Communist Party is attempting to cover the Chinese Communist Party's expansionist agenda, the actual scenario could be much worse. In addition, the Indian intelligence in New Delhi also sounded a warning.
The chinese grabbing is taking place in Gorkha, Darchula, Humla, Dolakha, Sindhupalchowk, Sankhuwasabha and Rasuwa were. China started making inroads into many Nepalese territories in June. Image
Read 5 tweets
25 Oct
#SriLanka #Colombo #Coronavirus #Curfew

A number of passenger trains have been terminated and the curfew extended by the Sri Lankan authorities as cases linked to a new cluster at a garment factory continue to surge.
After the number of passengers declined because of the curfew imposed in many parts of the country, the Railway Department canceled at least 16 trains, mostly running through busy office hours.
In the heavily populated Western province, which includes the capital of Colombo, more than a dozen villages are isolated. On Saturday, after a flood of 609 cases linked to the country's main fish market, the authorities closed at least two fishing harbors and several stalls.
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25 Oct
#Iran #Teheran #Coronavirus

Although the corona pandemic in Iran claims more victims every day and, according to official information, more than 32,320 of the 562,705 infected have died from or with Covid-19,
a standardized strategy is still not visible in the war against the pandemic. 28 of Iran's 31 provinces have now reached the highest level of alert. One speaks unofficially of the more than 42,000 dead. In an interview,
Health Minister Said Namaki said that if simple new measures are not taken immediately, "corpses must be collected from the streets." The government subsequently criticized his warning as being quite pessimistic.
Read 8 tweets
25 Oct
#WHO #Iraq #Geneva #Coronavirus #Aid

The World Health Organization (WHO) said on Saturday that it will provide 2 million U.S. dollars in aid for Iraq to cope with the COVID-19 pandemic, as the Iraqi Health Ministry reported 3,204 new cases in the country.
Wael Hatahit, head of the WHO's emergency team in Iraq, said in a press release that WHO will provide medical assistance for Iraq during the last months of this year to support the country's health sector in confronting the coronavirus pandemic.
The Iraqi Health Ministry reported 3,204 new COVID-19 cases on Saturday, raising nationwide infections to 449,153.
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24 Oct
#Germany #Coronavirus #UPDATES

The number of reported coronavirus infections in Germany has risen to 422,586. According to the information from the state authorities of 14 of the 16 federal states evaluated by me, 12,754 new cases were added within 24 hours.
Saxony and Saxony-Anhalt do not publish case numbers at the state level at the weekend. The number of deaths related to infection rose 35 to 10,013. Around 100,700 people are currently infected.
Due to a data breach at the Robert Koch Institute (RKI), the current figures include late registrations. Currently there are only five federal states below a seven-day incidence of 50. These include Brandenburg (43.8), Mecklenburg-Western Pomerania (28.5), Saxony-Anhalt (28.3),
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24 Oct
If you ask me about the normalization of ties between Israel and Saudi Arabia I would say it isnt only because already longer good secret relations. But its this time that Saudi Arabia could profit alot. One reasone for that is SA worsening financial situation.
A while ago citizen didnt payed any or less taxes, 60% of all workers in Saudi Arabia are working for the state (meanwhile there is a employment ban), and worst of all the price decline of the black gold. Saudi Arabias ecconomie actual depends heavly on it.
And the financial reserve are shrinking. And a while ago MBZ held several super rich hostage in a hotel if they wouldnt pay a big amount of money as the lifed on the costs of the state, many werte parts of the ruling family. And Israel a many times smaller country,
Read 4 tweets

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