Discontent over high energy prices, spiralling living costs, and anti war sentiments have gripped Europe, resulting in protests and civil unrest across the continent. With no immediate solution in sight, public resentment is likely to intensify through the coming winter months
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Disenchantment with traditional parties and politics, changed constitutional organisation of Parliament and the election system, over-regulation by the EU, immigration issues. This is why Italy turned right.
The West is using the Ukraine crisis as a watershed moment to weaponize sanctions in a volatile global setting. This infographic shows the extent and scale of Western sanctions against Russia, both public and private, across different sectors, and in a coordinated manner.
The shadow of the Ukrainian war was visible at the G7 summit. Anti-Russian formations were expected, but the extensive reference to China drew attention. The leaders did their part by extensively discussing challenges relating to climate, energy, environment, health, and food security. It is now for the G7 governments to deliver, to be taken seriously.
With mass digitisation, India has proved that technology is not just for the educated, privileged, and wealthy. The country's open and secure digital public platforms can be significant for the Indo-Pacific, the world's most data-rich region. The Indian model is applicable because it is open-source, interoperable, auditable, and enshrines individual rights, ownership, and empowerment.
The Oct 30-31 G20 Leaders’ Summit in Rome took several important steps to accelerate economic recovery and health security. In the absence of several Eurasian leaders, India played a significant role especially on climate and energy. The G20 will now acquire greater salience in India's foreign policy, as it readies to lead the grouping in 2023.
Gateway House and the Embassy of Italy in New Delhi co-hosted the India-Italy Round Table on Energy Transitions. Indian and Italian companies involved across in the energy ecosystem came together to discuss potential collaborations. India is energy dependent and Italy has an innovative energy industry. The two countries can partner on new technologies, trade, financing mechanisms and to update regulations for a new energy era.
On January 14, 2021, Gateway House co-hosted a webinar with Konrad-Adenauer-Stiftung on G20’s future: Italy, Indonesia, India. The panel included Marco Felisati, B20 Sherpa, Italy, Dr. M Chatib Basri, Former Minister of Finance, Indonesia, and Sanjeev Sanyal, Principal Economic Advisor, Government of India.
The India-Italy bilateral is looking up again, after a hiatus. A digital summit of the two leaders was held on 6 November 2020, and assumes greater significance in light of the pandemic, and Italy’s upcoming presidency of the G20. The most promising outcome of this energetic diplomacy and summiteering, is that Italy is slowly being weaned away from its close economic embrace with China. Its trade and investment are unlikely to decouple soon, but Italy is now more in line with the EU initiatives on 5G and quality infrastructure - the right time for Italy and India to derive advantage from it.
Now that the India-U.S. 2+2 meeting has ended, Indian officials are preparing for a hectic season of summiteering in November, from the SCO to the BRICS and the G20. All will give India global attention, and help the country prepare its positioning at home and abroad.