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China’s stock market has tanked over 20% in January 2015. More than the fall in the stock market, it is the reaction of the Chinese authorities that suggests bigger problems.
Courtesy: Wikipedia
The common Indian complaint is that, despite a global trend of falling crude oil prices, the price of petrol has not reduced. However, if the dollar price is examined with the price of oil, it becomes clear that Indians are paying less for fuel now than they would have, had the 2003 pricing trend continued.
Courtesy: Wikimedia
The elections are over and the transition towards a democratic government in Myanmar is currently underway. However, the sailing isn’t as smooth. The NLD and the military are in agreement but are cautious at the same time. Myanmar promises to be a car driven by two drivers.
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The controversy surrounding Facebook’s Free Basics in India highlights a key dilemma currently faced by policy makers and private entrepreneurs who wish to foster, not just ‘inclusion’, but business models which foster economic democracy.
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Is China actively building up its maritime presence in the Arabian Sea, to dominate vital sea lanes and perhaps encircle India with a chain of naval bases? There can be little doubt that China views Gwadar as a potentially useful asset. China, however, will know better than anyone that Gwadar has two considerable limitations.
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Low GDP growth numbers and the tumbling Shanghai Composite are not enough to judge China’s economic management strategy. It is the long-term, structural, and geoeconomic challenges that will determine the country’s economic future
India has long sought China over Taiwan, so is it too late to rectify foreign policy? The recent election results in Taiwan have upset China as China fears it will lose control over Taiwan. Gateway House interviews noted China expert Professor Nalapat to get his take on Taiwan's new president-elect and what lies ahead for tenuous Sino-Indian-Taiwan relations.
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India could save $80 billion annually if oil prices stay at the current 12-year low. Policy-makers must use this opportunity to lock-in energy prices for the long-term. Financial markets, through futures and options, offer a way to make these savings permanent, and the Ministry of Finance must formulate ground rules for hedging.
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India’s merchandise exports have now contracted for 13 months in a row, reflecting the global slowdown and impact of China’s economic recalibration. But, therein lay new opportunities and challenges for India’s economic diplomacy
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A recent confrontation between the Nigerian army and the Islamic Movement of Nigeria has rekindled the state’s tensions with its Shia citizenry. However, Nigeria should pay heed to its own contemporary history of the armed crackdown on an obscure religion sect that led to the birth of Boko Haram, and exercise caution while dealing with minority groups.
