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All the major economic forces in the world have come together in Africa in a new version of the Great Game. The competition for the continent’s resources will ultimately harm Africa unless Africa uses this opportunity to its advantage and to address its own serious problems.
As India looks to diversify its sources for energy imports and grapples with food security issues, it is looking more towards Latin America. Gateway House interviews Ambassador Deepak Bhojwani to discuss India’s prospects with this increasingly significant region.
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Front running is a form of insider trading, where investment banks use customers' trading information to trade for themselves, ahead of their clients. This practise results in huge losses to the investors, and abates trust in financial markets. How can the Volcker Rule contain this practice on a global scale?
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As the revelations pile up after the LIBOR rigging incident, it seems Europe and Britain are more committed to enforcement action than America. Real conservatives believe fully in market capitalism, that prices must come from uncorrupted market signals. Could this start a sea-change for enforcement globally?
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Although India’s trade with Latin America has increased considerably, there is still much potential to be exploited. India’s should adopt an aggressive market oriented strategy by identifying local partners wherever possible to enable Indian companies to penetrate the region.
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Latin America is witnessing an exponential rise in regional integration of business houses. The resource-rich nature of most Latin American economies has led to an inward concentration of investment, which makes it an extremely interesting prospect for Indian investors.
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Apart from bilateral ties, also at play at the India-U.S. Strategic dialogue is the difficult triangulation in India’s relations with the U.S. and Iran. It does not serve India to get enmeshed in the U.S-Iran confrontation. Instead, the relationship must develop on the basis of realpolitik and mutual interest.
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The newly-formed Pacific Alliance bloc seems more like a political club to counterbalance the Atlantic-facing, Brazil-led Mercosur group. However, the bloc accounts for 30% of India’s trade with Latin America. Can India engage the group so it is not left out from their Asia focus?
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The author discusses the incriminating Op-Ed published in the New York Times on Goldman Sachs bank and analyses the investment banking world critical situation. He outlines many initiatives and advocates for bilateral reform policies that could be an important first step in addressing the situation.
What are the implications for India if Iran is attacked? How effective has the response been by gulf nations to their own protests? Ambassador Talmiz Ahmad, India’s former Ambassador to Saudi Arabia, discusses the dynamics of West Asia with Gateway House’s Alisha Pinto and Azadeh Pourzand.
