The Hindu Editorial: April 24, 2019
THE HINDU EDITORIAL – April 24, 2018, is one of the must-read section for the competitive exams like SBI PO 2019, SBI CLERK 2019, LIC AAO 2019, FCI Prelims 2019 & CWC 2019 and other banking Exams. These topics are widely expected to be asked in the reading comprehension, Cloze Test or Error Detection in the forthcoming exams. So gear up your Exam preparation and learn new words daily.
In an oil slick: On Iran sanctions
India is testing its traditional ties with Iran by giving in to U.S. bullying
Faced with the U.S.’s intransigent demand that all countries put a full stop to oil imports from Iran or face sanctions, the Indian government has indicated it will ‘zero out’ oil imports after the May 2 deadline. Statements from the Petroleum and External Affairs Ministries suggest the government’s focus is now on finding alternative sources of energy and minimising the impact on the Indian market. At last count, India was importing about 10% of its oil needs from Iran, although it had considerably reduced its intake over the last few months. The U.S. has made it clear that Indian companies that continue to import oil from Iran would face severe secondary sanctions, including being taken out of the SWIFT international banking system and a freeze on dollar transactions and U.S. assets. In response, Indian importers, including the oil PSUs, have decided that sourcing oil from Iran is unviable at present. As a result, the government is seeking to explain the decision as a pragmatic one, taken in India’s best interests. Officials point to the six-month reprieve, from November 2018 to May 2019, that they received from the U.S. in the form of sanctions waivers to import Iranian oil, and the exemption to continue developing the Chabahar port, as positive outcomes of the negotiations over the past year. Such arguments are, however, not very convincing. India has, in effect, now decided to cave in to U.S. pressure on the issue less than a year after External Affairs Minister Sushma Swaraj said that India would recognise only UN sanctions, not “unilateral” ones. In fact, last February Prime Minister Narendra Modi vowed in Iranian President Hassan Rouhani’s presence in Delhi to increase India’s oil intake from Iran.
There are other real costs attached to the U.S. ultimatum that India may have to bear. The price of oil has already shot up above the $70 mark in April. In addition, Iran has threatened to shut down the Strait of Hormuz, a key channel for global oil shipments, which would further lead to inflationary trends, not just for oil but other commodities too. Any direct backlash from Iran for its decision will also jeopardise India’s other interests in the country, including its considerable investment in the Chabahar port, which India is building as an alternative route for trade to Central Asia. In the larger picture, India isn’t just testing its traditional ties with Iran, but also giving in to President Donald Trump’s blatant bullying after his administration withdrew from the Iran nuclear deal. Instead of engaging in what appear to have been fruitless negotiations with the U.S. over the past year, India, China, the EU and other affected entities could have spent their time more productively in building a counter with an alternative financial architecture, immune to the U.S.’s arbitrary moves.
Meaning: unwilling or refusing to change one’s views or to agree about something.
Tamil Meaning: விட்டுக் கொடுக்காத/ சமாதானத்திற்கு ஒப்பாத
Synonyms: uncompromising, inflexible, unbending, unyielding
Antonyms: Flexible, Soft, Willing
Example: “her father had tried persuasion, but she was intransigent”
Meaning: be a sign of; strongly suggest/ mention indirectly or briefly.
Tamil Meaning: சுட்டிக்காட்டப்படுகிறது/ குறிப்பிடு
Synonyms: demonstrate, show, state, declare
Example: “sales indicate a growing market for such art”
Meaning: the action of taking something in.
Tamil Meaning: உட்கொள்ளும்/ உள்ளிழுப்பு/கொள்திறம்
Synonyms: Absorb, Admission
Example: “facilities for the intake of grain by road”
Meaning: not capable of working successfully; not feasible.
Tamil Meaning: நிர்வாக நடைமுறைக்கு சாத்தியமற்ற
Example: “the commission found the plan to be financially unviable”
Meaning: dealing with things sensibly and realistically in a way that is based on practical rather than theoretical considerations.
Tamil Meaning: நடைமுறைக்கேற்ற/
Synonyms: practical, matter-of-fact, realistic
Antonyms: impractical, unrealistic, idealistic
Example: “a pragmatic approach to politics”
Meaning: abandon or postpone plans to close or abolish (something).
Tamil Meaning: இடை ஓய்வு
Synonyms: save, rescue, grant a stay of execution to
Example: “the threatened pits could be reprieved”
Meaning: an act or instance of waiving a right or claim.
Tamil Meaning: waivers
Synonyms: renunciation, surrender, repudiation, rejection
Antonyms: Sanction, Accept, Approval
Example: “their acquiescence could amount to a waiver”
Meaning: the action of freeing or state of being free from an obligation or liability imposed on others.
Tamil Meaning: விலக்கு
Synonyms: immunity, exception, dispensation
Example: “vehicles that may qualify for exemption from tax”
Meaning: (of an action or decision) performed by or affecting only one person, group, or country involved in a situation, without the agreement of another or the others.
Tamil Meaning: ஒருதலைப்பட்சமான/ ஒருதலைப் பட்சமான/ ஒன்றுபடுத்து
Synonyms: One sided, Independent
Antonyms: Bilateral, Many-Sided, Multilateral
Example: “unilateral nuclear disarmament”
Meaning: solemnly promise to do a specified thing.
Tamil Meaning: சபதம்
Synonyms: Swear, swear/state under oath
Antonyms: Deny, Break, Misuse, Disvow
Example: “the rebels vowed to continue fighting”
Meaning: a final demand or statement of terms, the rejection of which will result in retaliation or a breakdown in relations.
Tamil Meaning: இறுதி/ இறுதி அறிவிப்பு
Synonyms: Warning, Conditions, Demand
Example: “their employers issued an ultimatum demanding an immediate return to work”
Meaning: state one’s intention to take hostile action against (someone) in retribution for something done or not done / cause (someone or something) to be vulnerable or at risk; endanger.
Tamil Meaning: அச்சுறுத்தப்பட்ட/ பயமுறுத்து
Synonyms: menace, intimidate, browbeat, bully, cow
Antonyms: Guarded, Protected, Safe
Example: “how dare you threaten me?”
Tamil Meaning: பணவீக்க
Example: “the Prime Minister came close to accusing the Chancellor of starting the inflationary spiral”
Meaning: a strong negative reaction by a large number of people, especially to a social or political development.
Tamil Meaning: பின்னடைவு / பின்னீடு
Synonyms: adverse reaction/response, counteraction, counterblast
Example: “a public backlash against racism”
Meaning: put (someone or something) into a situation in which there is a danger of loss, harm, or failure.
Tamil Meaning: பாதிக்க/ ஆபத்துக்கு உள்ளாக்கு
Synonyms: threaten, endanger, imperil, menace
Example: “a devaluation of the dollar would jeopardize New York’s position as a financial centre”
Meaning: (of bad behaviour) done openly and unashamedly.
Tamil Meaning: அப்பட்டமான/ கூச்சல் மிக்க
Synonyms: flagrant, glaring, obvious
Antonyms: inconspicuous, subtle
Example: “blatant lies”
Meaning: seek to harm, intimidate, or coerce (someone perceived as vulnerable).
Tamil Meaning: கொடுமைப்படுத்துதல்
Synonyms: persecute, oppress, tyrannize, torment, browbeat
Example: “her 11- year-old son has been constantly bullied at school”
Meaning: remove or take away (something) from a particular place or position.
Tamil Meaning: விலகினார்
Synonyms: remove, extract, draw out
Example: “Ruth withdrew her hand from his”
Meaning: resistant to a particular infection or toxin owing to the presence of specific antibodies or sensitized white blood cells / not affected or influenced by something.
Tamil Meaning: தடைகாப்பறுதி பெற்ற/ (நோய் முதலியவற்றில் இருந்து)தற்காப்பு வலிமைக் கொண்ட
Synonyms: resistant, not subject, not liable
Example: “no one is immune to his immense charm”
Meaning: based on random choice or personal whim, rather than any reason or system.
Tamil Meaning: தன்னிச்சையான/ மனம்போன போக்கிலுள்ள/ நியாயமற்ற
Synonyms: capricious, whimsical, random, chance
Antonyms: rational, reasoned
Example: “an arbitrary decision”
Check the other – THE HINDU EDITORIAL vocabulary words from previous days in THE HINDU EDITORIAL section which has bilingual meanings.
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