Saudi Arabia feels Iran’s pinch
OPEC’s announcement of a cut in oil production shows that Saudi Arabia is being affected by low oil prices even as Iran gains ground
Courtesy: The Iran Project
Courtesy: The Iran Project
Courtesy: Gateway House
UN Sec-Gen Guterres: top of the nine
Competing for attention with the U.S. election is the vitally important global election for the next Secretary-General of the United Nations, due out in October. Incumbent Secretary-General Ban Ki-moon, whose tenure will be over in December, is being replaced at a time when the UN is losing credibility and battling perceptions of being weak and ineffectual. The much coveted post therefore offers a chance to remake a great institution, and in effect, change the world. Gateway House takes a look at the nine candidates in the fray.
Courtesy: Eastern Economic Forum
Eastern Economic Forum: India misses out
The Second Eastern Economic Forum, held last month in Russia, could have been a time for India to forge stronger trade links, but the governments of both countries have to be more supportive before this can happen.
Courtesy: AP
Assessing G20: accent remains on growth
The IMF warned at the G20 Summit, held last week-end, that the world economy was growing “too slow for too long” and the G20, as a group, needed to provide some clear answers. What did the Chinese G20 presidency achieve? And what will Germany have to look at in 2017?
Courtesy: Gateway House
India Trilateral Forum: building bridges
The 11th India Trilateral Forum, a meeting series between India, Europe and the U.S., reflects a more confident India from whom expectations – especially to counter China – are high. This will require a realistic re-labelling of India by the Western powers.
Courtesy: Wiki
India bolsters Indian Ocean strategy
In the last few years, India has stepped up its engagement with the countries of the Indian Ocean. At the first Indian Ocean Conference held last week, a consensus emerged that New Delhi needed to redouble their efforts to foster political, security, economic, and cultural cooperation in the region.
Courtesy: Ministry of External Affairs/Flickr
India-Vietnam: setting a new benchmark
Prime Minister Narendra Modi’s recent trip to Vietnam had both heads of state announcing an upgrade of their ‘Strategic Partnership’ into a ‘Comprehensive Strategic Partnership’. This added term captures the importance both sides have vested in the need to deepen the relationship and the prospect for future cooperation.
Courtesy:
Restoring IMF’s SDRs
At the G20 summit in Hangzhou, leaders are expected to discuss the potential for strengthening the international monetary system and the conditions under which SDR could play an important role in this regard. This is a step that is well overdue but will require a major leap in international policy coordination.
China’s G20: Structural reforms are key
China will be hosting the G20 Summit in Hangzhou on the 4-5 September 2016. Huang Wei, Director of Research, Department of Global Governance, IWEP-CASS, gave an interview on the sidelines of T20 Mumbai where she discussed how structural reforms can add energy to the world economy and help stabilise financial markets.
Courtesy: Wikipedia
Turkey post-coup: stronger than ever
It was the iron will of the citizens of Turkey and their uncompromising belief in the deeply rooted democratic traditions and institutions of the country which proved to be critical in defeating the July coup attempt. Turkey will continue the reforms which have made it a shining light in the region