Gateway Features

Can Europe overcome its crisis?

ATHENS , GREECE - MAY 1:  Greek riot police clash with protesters during May Day protests on May 1, 2010 in Athens, Greece. Thousands of protesters gathered in Athens and other Greek cities to participate in May Day rallies, angered by the harsh austerity measures demanded by the EU.  Reports suggest that the 45 billion euros ($60 billion) already pledged by the International Monetary Fund and European Union will be insufficient to tackle Greece's mounting debt crisis.  (Photo by Milos Bicanski /Getty Images) Courtesy: Milos Bicanski (Getty Images)

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

Europe’s growing Right resurgence

Denmark elections Courtesy: News Øresund - Johan Wessman

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

Why middle powers matter to India

Middle Powers Courtesy: Wikimedia Commons

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

Iran deal can be India’s gain

Iran oil Courtesy: Wikipedia

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

Events

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Research Papers

India in Central Asia: Time for a New Strategy

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.

Foreign Affairs

Embracing China’s “New Normal”

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.

Books

Book review: Asia’s environmental emergency

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.

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