Courtesy: MEA / Flickr
The result of the Brexit referendum is nothing less than a body blow to Bretton Woods organisations, International Monetary Fund-North Atlantic Treaty Organisation (NATO)-World Bank, that originated at the end of the Second World War. The possibility of an Asian century becomes more feasible, if India can be nimble enough to make the most of the opportunity which has presented itself in Europe.
Courtesy: Business Insider
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.
Courtesy:
India has applied to be a member of the Nuclear Suppliers Group, but its ambition is being thwarted by China. However, developments in renewable energy mean China’s veto will have little impact on India’s clean energy push.
Courtesy: Wikipedia
India’s forthcoming membership in the Shanghai Cooperation Organization (SCO) will benefit the SCO, Central Asia, Russia, China, as well as India itself. While India will be able to promote its own security, strategic, trade, economic, and energy interests in Central Asia, the SCO will benefit from India's rapid growing economy and its experience in counter-terrorism.
Courtesy: Buisness Insider
The World Happiness Report 2016 has listed India at 118th place – the lowest rank among BRICS. While there is a strong case for holistic metrics that map actual well-being, research in happiness needs to be taken with a pinch of scepticism.
Courtesy: Research and Information System for Developing Countries
Research and Information System for Developing Countries (RIS), hosted a Conference on South-South Cooperation in New Delhi on 10-11 March, 2016. The conference, represented by about 350 delegates representing 62 countries, demonstrated both the maturity of South-South Cooperation and the creative challenges that lie ahead.
Courtesy: Wikipedia
A resurgent Taliban has turned a hopeful declaration by the Obama administration into a premature one. The levels of U.S. troops stationed in Afghanistan, currently at 9,800, are expected to increase as a result. But with more than half a trillion dollars spent trying to stabilize the problem, perhaps it’s time to rethink the Af-Pak region.
Courtesy: Wikipedia
On 14 December, Saudi Arabia announced the formation of an anti-terrorism coalition of 34 Islamic countries. But with key potential partners such as Algeria, Lebanon, and Pakistan refusing to join, the hastily-assembled group has put Saudi credibility in the spotlight instead of deflecting western criticism of the kingdom’s inaction against Sunni jihadism
Courtesy: COP Paris / Flickr
COP21 could have spelled doom for India’s growth push if it had insisted on a peak emissions year for all participants, or spelled out explicit restrictions on coal. It has done neither, and continues to recognise the principle of differentiated responsibilities
Courtesy: Victor Dubreuil / Wikipedia
The GCC finds itself engulfed by a perfect storm – due to the oil price fall and the re-emergence of Iran on the world scene. While the GCC is forced to undertake politically challenging reforms and confront the regional challenge of Iran, there lies a great opportunity for India to strengthen their economic as well as security ties.