Courtesy: Gateway House
Manjeet Kripalani, Executive Director, Gateway House, in discussion with Prof. Rory Medcalf, Head, National Security College, Australian National University, and author of Indo-Pacific Empire: China, America and the Contest for the World's Pivotal Region; and Cleo Paskal, Associate Fellow, Energy, Environment and Resources, and Asia-Pacific, Chatham House; on the possibility of an Indo-Pacific Charter for the region.
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The removal of 11 top ministers in the Riyadh government last week by the young crown prince Mohammad bin Salman, is a geopolitical upheaval, the implications are serious. Domestically, the kingdom is seeking to liberalise its conservative society and move away from oil-dependency – evident from the expected listing of its crown jewel Aramco. For India, which imports oil largely from West Asia, instability could cause a spike in prices, leaving less for its ambitious reforms. Globally, there is now space for new alignments – in the Great Power plays, in the Shia-Sunni rivalry, and in the war on terrorism.
Courtesy: Gateway House
In this interview Anastasia Likhacheva discusses the impact and a few of the positive externalities of the oil price drop, sanctions and counter sanctions on the Russian economy. Despite Trump’s obvious warmth towards Russia, she doesn’t foresee any major agreements signed between the two countries due to the roadblocks that can be placed by the U.S. Congress and the U.S. Senate. She further describes the role she sees Russia undertaking in Asian financial institutions like the NDB and the AIIB in the future.