Britain will begin its formal exit process from the European Union on March 29. Signs that the European Union will survive are clear: public opinion is turning finally in its favour. The European economy has resumed creating jobs, and the unemployment rate, although still high, is steadily declining. Yet, what remains of the project is likely to have a different animus
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The French presidential election, which is less than two months away, defies attempts at predicting who the finalists of the two-round tourney will be, what with allegations of corruption being hurled at the contestants and new revelations unfolding on a daily basis.
The era of globalisation is drawing to a close and a new one is emerging—an era of bilateralism over globalisation, of domestic over foreign focus, and reality-based policy-making
His Excellency Yves Leterme, Former Prime Minister of Belgium, Secretary General, International IDEA delivered the Inaugural Keynote I on Europe at the Crossroads at 2017 T20 Mumbai meeting hosted by Gateway House on 13 February. Leterme's speech effectively explains the changing politics of global capital with the rise of new economies with respect to Europe and it's position in the world today.
India’s gas consumption is lower than the EU’s, but it too, like the EU, relies heavily on imports. With LNG likely to remain a key part of India’s gas supplies in the future, and given recent changes in the global market, what is the future potential of LNG imports for the EU and India? What are the best energy policies for the two regions?
The message from Brexit is simple: the post-second world war financial, trade and industrial order and security arrangements that developed around Bretton Woods, have passed their expiry date. This is the time for countries, regional unions and global institutions to reform themselves – putting people instead of regulations and strategic objectives at the centre of their decision-making.
If COP 21 Summit in Paris is to play a decisive role in warding off climate havoc, it must strengthen efforts to resolve the greatest market failure in history. Efforts to reconfigure market culture are part of a larger civilizational process of treating profit as the means not the goal of business.
The sanctions against Iran impacted the country’s oil, banking, aviation, and other sectors, and had a major humanitarian impact. But neither is armed attack a more suitable method in most instances to address allegedly recalcitrant states. What then is the middle ground? And can the UNSC assume a more proactive role in this context?
While the closing of borders to refugees in Europe and West Asia could be interpreted as proof that national borders are more important now than ever, the sheer numbers of refugees make strengthening borders a severely inadequate solution.
If the Transatlantic Trade and Investment Partnership moves ahead after further negotiations were held in July, Indian exporters could be disadvantaged. Instead, India must be ready to use the further opening up of huge markets across the Atlantic, and adopt trade policies that mix regionalism and multilateralism.