Sri Lanka is experiencing an economic, political and strategic crisis it has never had before. The situation is fragile – but a creative solution and determined national interest can help return the island nation to stability and growth. Amb. Rajiv Bhatia, in conversation with economist Dr Ganeshan Wignaraja on how Sri Lanka came to the current condition, and the remedies to adopt.
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Pakistan’s latest economic survey reveals the extent of the country’s indebtedness to China. High-interest Chinese loans, reckless multilateral borrowing, and ever-increasing defence budgets have deleteriously impacted Pakistan’s finances. Any lasting solution to these problems will have to involve China.
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These are the opening remarks given by Ambassador Rajiv Bhatia at the Second International Blue Economy Dialogue, ‘Promoting Blue Economy: Making the best use of Opportunities from the Coasts, Seas and Oceans’ in Dhaka, Bangladesh. He discusses the economic endowment of the blue economy and the necessity to utilise its resources in a sustainable manner
Courtesy: Gateway House
The Indian government may block the acquisition of Gland Pharma by Shanghai Fosun Pharmaceuticals, a move that offers further confirmation of how China’s opaque business model is causing concern worldwide. This infographic shows some high-profile cases of acquisitions by Chinese companies that ran into local opposition
Courtesy: AFP
The Indian government must be commended for staying away from the Belt & Road Forum in Beijing this week on the basis of principled objections. However, the forum has robust global participation – 30 heads of state attended the meeting, as did the chiefs of the UN, World Bank and International Monetary Fund (IMF). India was the only country in the world that was invited, but refused to participate
Marshall Bouton, an expert on the India-U.S. bilateral, talks about how ties between the two countries can be repaired. In an interview to Gateway House, he also discusses the steps India must take to integrate with the global economy, and the U.S.’s plans in Afghanistan
Gateway House speaks to Ujal Bhatia, Member, Appellate Body, World Trade Organisation, on the importance of economic diplomacy; India’s assertiveness during trade negotiations; the role of Indian business in the negotiation processes; the relevance of SAFTA; and on ways to boost intra-SAARC trade.
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A decade after 9/11, the U.S. has prevented further terrorist attacks - a major achievement. But with a $1.3 trillion budget deficit, a debt downgrade, and 24 million Americans searching for jobs, the U.S. needs to attend to matters at home rather than intervening in the world's affairs.
Courtesy: DMylesCullen
No longer can New Delhi afford to live in denial about the rising influence of the Chinese juggernaut
