As the referendum on the UK’s membership of the EU draws near, predicting the outcome remains difficult. While the potential impact of Brexit on the UK has been discussed at length, a vote to stay in the EU could have implications for the UK’s domestic political situation as well as its future relationship with the EU.
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On June 23, the United Kingdom will vote on whether they wish to remain a part of the European Union through the Brexit vote. The debate surrounding the vote has spurred many a heated and emotional debate. While the Indian government has not declared anything publicly - remaining in the EU would be beneficial to Indian businesses.
Narendra Modi’s landslide victory in India's 2014 general elections, despite his hardline nationalist image, was viewed as a localised phenomenon. But two years later, voters across the world from Europe to Philippines seem to be tilting towards leaders with the same nationalist tag.
The recent referendum in the Netherlands on the European Union’s Association Agreement with Ukraine raises important questions about the EU’s ability to reconcile ostensibly popular national opinion with the principles of a multi-nation political union.
All Indian companies planning to go global should closely follow the saga of Tata Steel’s UK plants; it’s a masterclass on how intimately business is intertwined with geopolitics and geoeconomics
Once the fourth and final global Nuclear Security Summit is held this week in Washington, D.C., the challenge will primarily be for bureaucrats to continue working and keep leaders engaged on nuclear security. Inertia on this issue, especially when there is growing intelligence on security breaches, could be deadly.
French President Hollande recently concluded his trip to India where he was the chief guest at the Republic Day parade on 26 January 2016. India-France relations, post President Hollande’s visit, are promising, and will have a positive impact on Prime Minister Modi’s scheduled visit to Brussels later this year including India's trade with the EU. Informed citizenry should appreciate the huge stakes involved.
COP21 is a reality check for those who like to believe that geopolitical power is shifting from West to East. The just-concluded Paris Climate Summit was essentially about the early-to-develop Western powers continuing to exercise almost complete control over global governance structures, largely through the dominance of markets.
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.
This year, India's defence diplomacy has ramped up. In 2015 alone there have been 18 military exercises- naval, army and air force- with 13 countries, among the largest engagements the country has had. Most significant is Japan joining the Malabar exercises in the Bay of Bengal and the first-ever maritime exercise with Australia. This is increasing India's presence from the Arabian Sea to the Bay of Bengal. As these exercises intensify India will be better positioned to handle regional security challenges.