Cut The Clutter: Just how rich is Israel & how it got there with no oil. And yuan reality check for rupee nationalism

This episode of Cut The Clutter derives from two pieces of fine journalism from ThePrint stable. The first is a report by Nikhil Rampal on how Israel, with no oil reserves to speak of, beat its oil-rich neighbours and economic doom to emerge as the second-richest Mideast nation, ahead of even Saudi. The second is a report by TCA Sharad Raghavan, who has learnt from government officials that 10 percent of India’s oil imports from Russia are being paid for in the Chinese yuan. Editor-in-Chief Shekhar Gupta explains how Israel got its economy booming, and discusses what trade in yuan means for talk of rupee globalisation. Ep 1267.