The combined effects of the pandemic and recent geopolitical tensions have resulted in some of the world’s leading tech companies facing crises on multiple fronts. A fall in market capitalisation, along with a sharp decline in equity has resulted in shrinking market shares for many of these giants.
The collapse of Silicon Valley Bank has global strategic implications. Santa Clara County, the home of Silicon Valley is nearly the size of Hong Kong. A meltdown of Silicon Valley would be catastrophic for U.S. leadership in the technology sector, especially when the U.S. and China are engaged in a technology race for supremacy in commercial and military applications.
Canada is committed to playing a larger role in the Indo-Pacific and has adopted a pragmatic approach to achieving its five objectives. These are promoting peace and security; expanding trade; connecting people; building a sustainable and green future; with Canada serving as an active partner in the Indo-Pacific. India will do well to understand Canada's compulsions and work with it with enthusiasm.
The Ukraine crisis transferred global anxiety away from China and onto Russia. But this has not happened in the Indo-Pacific, where the Quad countries have followed a policy of economic disengagement from China, in the backdrop of the COVID pandemic and the regeneration of some economies. How the Quad managed this, is a worthwhile assessment.
Significant progress has been made globally in adopting green energy. Technological advances, easier availability of capital and regulatory measures have helped. But progress is likely to slow due to the shocks caused by Covid-19 and the Ukraine crisis. How to continue the green transition whilst ensuring that lower-income countries have access to affordable energy? This Task Force offers recommendations for India’s G20 Presidency.
India is currently hosting the Voice of Global South Summit, in which over 120 countries will participate. This is the time, as G20 chair, for India to articulate the concerns of the Global South. To truly represent the South, India must understand the moods and changes in Africa, especially in its external partnerships
Gateway House is the only institution in India that has hosted official and independent meetings under the annual G20 process since 2015. In October 2022, Gateway House initiated an independent G20 Task Force on Energy Transitions and Climate Finance, the first task force of India's G20 Presidency of 2023. In this compendium of reports, Gateway House assesses and includes its engagement with this influential multilateral through task forces, research and meetings of the last nine G20 Presidencies.
U.S. President Joe Biden was vulnerable on several issues with a low approval rating. Yet the Democrats defied expectations in the U.S. midterm elections, and there was no red wave. Why? Possibly because women, Donald Trump and political dramatisations affected the final outcome.
The reference to India by Russian President Vladimir Putin at the Valdai Discussion Club may be interpreted as encouragement to New Delhi to use its good offices to nudge the warring sides to the negotiating table. Mediation is a big power game, and this may be the right time for India, at the cusp of the G20 Presidency, to start with a record of success
Tilak Devasher’s book on the Pashtuns brings out the dynamics of the Pashtun, their code, their relationship with Islam and with Pakistan. It contextualizes the current geo-political challenges in South Asia, making it required reading for those who want to understand not only the Pashtuns but regional strategic and security dynamics.