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The Coronavirus pandemic has caused crude oil prices to crash almost 40% even as Saudi Arabia and Russia pump more oil into the market. Fears are rife that this crisis will hit demand. There are repercussions on the U.S., the world’s top oil producer, on India, one of its new clients, and on the Gulf Cooperation Council countries
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The U.S.-Taliban deal of 29 Feb favours some and disadvantages others in the region. This infographic shows how regional geopolitics will change
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President Trump enjoyed every moment of the hype that attended his February 2020 visit to India, says Ambassador Neelam Deo, Director and Co-founder of Gateway House, in this podcast, even as the focus was on concrete outcomes, such as defence purchases and oil procurement deals. She discusses the geopolitical implications of a closer India-U.S. strategic relationship and the weaknesses of the U.S.-Taliban peace deal
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The upcoming Financial Action Task Force (FATF) plenary session 16-21 February will be crucial for both Pakistan and Iran as the anti-money laundering and anti-terrorist financing measures undertaken by the two countries will be reviewed by the 39 member states of the FATF. Decisions will be taken on their retention or removal from the grey list and black list respectively
Courtesy: Foreign Affairs
Countries in the Middle East, such as Iran, Israel or Saudi Arabia, do not want a military confrontation. Yet, current circumstances conduce to the breaking out of just such a war
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Sanctions, a form of imposing control and pressure, traditionally focused on countering nuclear proliferation and trade-related disputes. Recently countries have expanded their scope and impact by using them as potent tool of warfare
Courtesy: Atlantic Council
The Atlantic Council Global Energy Forum, held in Abu Dhabi on 10-12 January 2020, had the top businesses and analysts of the global energy industry. It was also part of a larger event, the annual Abu Dhabi Sustainability Week, which aims to be a global platform for sustainability in various industries
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Oil prices, arms exports and conflict are inter related especially when it comes to the U.S. Its arms industry grows when high prices and conflicts coincide. This has kept West Asia on a perennial geopolitical boil. This infographic charts the highs and lows of U.S. arms sales, especially in the light of conflicts centred around West Asia
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The 2019 G20 Summit in Osaka on June 28-29, is the 14th meeting of the Group of 20 leaders. The G20 is the world’s most influential economic multilateral forum. It is the agenda-setting forum that develops and guides rules of global economic governance. Under the Japanese Presidency, this summit will be the first to discuss and establish the rules for the worldwide governance of data, including current hot-button issues like data localisation and data sovereignty. India has both a preparatory and a contributory role to play in the G20 this year. For in 2022, it will be the President of the G20. India must identify its agenda early on; its a weighty responsibility but also an opportunity to set the global economic agenda.
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India’s foreign minister S. Jaishankar and U.S. Secretary of State Mike Pompeo have sorted through the India-US niggles and minutae, so that the substance of the bilateral can be advanced by their leaders who are meeting in Osaka this week