The global monetary and financial system is lopsided and designed to favour rich countries; an alternative economic and political doctrine, which takes into account the needs of emerging economies like India, must now be articulated to end this one-sided architecture
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Prime Minister Narendra Modi's announcement on November 8 to demonetise notes of the denomination of Rs 500 and Rs 1000 has a precedent. This infographic traces some interesting demonetisation initiatives around the world. From discontinuation of high denomination notes due to lack of circulation, to the use of beer and water as 'real assets' in place of hyper-inflated currency.
Philippine President Rodrigo Duterte has sought to sever ties with the United States, a declaration that has elicited much skepticism. The West Pacific is in for some realigning of relationships if he makes good on this threat.
The world is now faced with a self-professed unpredictable U.S. president in Donald Trump. This unprecedented outcome is already being felt by the world’s economies, but while many foreign parties may be celebrating this outcome - there is such a thing as too much change
The victory of Donald Trump for the White House is a turning point in America – it’s a vote against the establishment and vested interests that have dominated Washington for decades. It also shows America following the global trends of strong leaders with a new electorate in the post World War II Order
The trade between Bombay and America’s north eastern ports 200 years ago was unique as it coexisted with the period’s territorial colonial monopolies. This article retraces those routes to riches in light of the Indo-U.S. Strategic Partnership.
This edited excerpt was transcribed from The Gateway House Podcast episode 'U.S. Elections: assessing its wider impact' which is a part of the special mini-series on the U.S. elections and its foreign policy implications. In this episode, Ambassador Deo talks about the wider impact that the elections will have on the race for the U.S. Congress and Senate, on American society, and on global political discourse.
This excerpt was transcribed from The Gateway House Podcast episode, 'U.S. Elections: Trump’s down but not out' which is part of the special miniseries on the U.S. election and its foreign policy implications. In the episode, Ambassador Neelam Deo discussed the larger foreign policy implications mentioned by the presidential candidates at the second Presidential debate on Sunday night
There has been a strengthening in the India-U.S. bilateral, which reached new heights with the signing of the LEMOA agreement in August, 2016. However, this strengthened bilateral has not resulted in a strong response to Pakistan by the U.S. Government.
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.