The virtual Shanghai Cooperation Organization (SCO) summit, which was hosted by India on July 4, brought the focus onto geopolitical tectonic shifts, global threats and new opportunities for Eurasian powers.
"The world is moving toward multilateralism and we find that the UN, which is the largest grouping of countries, is becoming ineffective and highly politicized by the West," Indian military veteran Ret. Major General Shashi Bhushan Asthana told Sputnik, commenting on the recent summit.
"Therefore, all over the world, the other groupings are coming up and taking a major load off the UN, and in that context, SCO has become an important forum with 40% of the global population and 20 percent of the world's GDP."
"It is an important grouping where you have China, Russia - two P5 members [P5 are five permanent members of the United Nations Security Council – Sputnik], India another important member, and other players of Asia. Earlier, most groupings, whether it is the United Nations which came out of the Atlantic Charter or NATO, all these platforms were Western-oriented. SCO, on the other hand, is an Asian-oriented bloc, and in an era of multilateralism, it has provided a little bit of balance," he continued.
SCO's Expansion: Iran Joins the Club, More to Come
On July 4, the SCO held its 23rd summit with the participation of the entity's eight permanent members, heads of the observer countries and the UN secretary-general. For the first time in the last six years, the organization welcomed a new member: Iran was officially admitted to the SCO. The last time the SCO expanded was in 2017, when India and Pakistan joined the Eurasian club.
The Islamic Republic signed a memorandum of commitment to obtain the status of SCO member at the September 2022 SCO meeting in Samarkand.
Iran is not the only country that has sought full-fledged membership in the organization. Belarus is reportedly due to obtain the status in 2024. In addition, multiple countries including Turkiye, Afghanistan, and Mongolia have expressed interest in joining the bloc.......more below
Nvidia would be barred from shipping advanced artificial intelligence chips to China under bipartisan legislation unveiled Thursday, Bloomberg reported. A Chinese expert said the move is shortsighted, noting that tightening restrictions despite domestic industry opposition will only accelerate China’s tech innovation and further diminish Nvidia’s chances of reentering the Chinese market.
Known as the Secure and Feasible Exports Act, the bill would order the US Commerce Department to halt export licenses for sales of chips to adversaries, including China and Russia for at least 30 months. Any processors more powerful than those already approved for export to those nations would be subject to the measure, the Bloomberg report said.
The legislation comes as the White House weighs whether to allow Nvidia to export the....more below
A high-ranking ICC official, Nicolas Herrera, secretly financed the sanctioned UPC armed group in the Central African Republic, according to court materials obtained by Sputnik.
Nicolas Herrera, a high-ranking official in the Registry Office of the International Criminal Court (ICC), secretly recruited and financed the Union for Peace (UPC) in the Central African Republic (CAR) armed group, led by local warlord Ali Darassa, to capture ICC target Joseph Kony, by using US-based NGO employee Joseph Martin Figueira as a covert intermediary, thereby violating the ICC’s financial accountability standards by funding an armed group, according to a Sputnik correspondent's analysis of public court records.
The conviction of Joseph Martin Figueira, a Belgian-Portuguese anthropologist found guilty of espionage and collaborating with militants in the Central African Republic (CAR) in November, has uncovered a complex financial trail linking ICC staff to the country’s armed militants, evidence ...
Hundreds of retired Israeli police officers have urged the regime’s president, Isaac Herzog, to reject Benjamin Netanyahu’s request for a pardon in corruption cases.
On November 30, Netanyahu, who faces charges of bribery, fraud, and breach of public trust in three separate cases, submitted a formal pardon request to the office of Herzog, claiming the long-running corruption cases were tearing the regime apart.
In a letter to Herzog, about 400 former officers, including ex-commissioners and deputy commissioners, said Netanyahu’s request contains “not even a hint of admission of guilt,” making it unacceptable.
They warned that “such a step without [Netanyahu’s] confession and remorse is liable to ignite severe violence in Israeli society.”.....more below