Iran’s FM: $1 trillion economy damage due to US sanctions

Iran’s FM: $1 trillion economy damage due to US sanctions

Iran’s Foreign Minister Javad Zarif says unilateral sanctions imposed by the United States caused $1 trillion worth of damage to Iran’s economy. Iran seeks compensation if the US lifts the sanctions and returns to the nuclear deal. AlJazeera reported.  Iranian Foreign Minister said Tehran will want to negotiate on the damages it has suffered after…

Iran drops India from key Chabahar mega railway line project

Iran drops India from key Chabahar mega railway line project

India may close to lose another ally in recent times when Tehran engaged with Beijing in a $400 billion partnership deal. This includes an investment from China in many domains from development to culture, in the time period of 25 years. In recent days, Iranian Transport and Urban Development Minister Muhammad Eslami inaugurated the 628…

Japan lists acquisition of new military equipment to strengthen its capabilities in new domains

Japan lists acquisition of new military equipment to strengthen its capabilities in new domains

Japan will establish Space Operations Squadron, Cyber Protection Unit, development of electronic stand-off warfare aircraft, procurement of F-35A’s, F-35B’s aircraft, fixed-wing patrol aircraft and helicopters, rescue helicopters, medium-range surface-to-air missiles, improvements in F-15 capabilities, procurement of Network Electronic Warfare System, construction of destroyer ships, submarines and minesweeping vessels and development of F-X indigenous next-generation fighter…

US government approves the sale of 105 F-35 fighter jets to Japan

US government approves the sale of 105 F-35 fighter jets to Japan

The US government on Thursday, 9 July announced that it has approved the sale of 105 F-35 stealth multi-role fighter jets to Japan. The estimated cost of the sale of 105 fighter jets is around $23.11 billion.  The Japanese government has asked for 105 F-35 stealth aircraft which includes 63 F-35A (The traditional version of…