Europe is once again in the midst of a standoff, a battle of wills and nerves over the issue of Greece’s unsustainable and insurmountable debt, and the growing possibility of a “Grexit” from the Eurozone. A number of doomsday scenarios are being projected, including potential financial chaos, social unrest, even an eventual dissolution of the European currency union should contagion spread to weaker economies within the European Union (EU). read more
Denmark’s Social Democrats, led by incumbent prime minister Helle Thorning-Schmidt, have won the largest share of votes (26%) and the largest number of seats (47 of 179) in the country’s June 18 parliamentary election. But this poll result will not be enough to slow the march of Scandinavian and other European right-wing parties, who champion anti-European Union (EU) and anti-immigration views on the continent. read more
Narendra Modi, who spent nearly two months abroad in his first year as prime minister, helped India cultivate a wide range of bilateral and multilateral relationships. But of these, it will be the middle powers that hold the key, economically and geopolitically to India’s growth and security, and Modi must continue to widen his middle powers arc read more
The negotiations between Iran and the P5+1powers on Iran’s nuclear programme have overshot the deadline of June 30, but the fact that they are still on indicates that a deal is possible. If the deal comes through, it will, among other outcomes, allow Iran to freely sell petroleum. This will further push down the global prices of petroleum, which have already dropped since June 2014. India must use this possibly longer window of lower energy prices to try to secure supplies and acquire oversees assets like oil and gas fields. read more
News & Analysis
This paper introduces the dilemma of both India and Russia, whose state-owned energy companies are forced to operate in a region where Chinese government corporations have been dominant.
It is clear by now that China’s economy is set to slow in the years to come, although economists disagree about how much and for how long.
In this book Clifford provides a behind-the-scenes look at what companies in nine Asian countries are doing to build businesses that will lessen the environmental impact of Asia's extraordinary economic growth.