Courtesy: Gateway House
Over two centuries, the U.S. has amassed vast economic powers across the globe during and after the two World Wars , and sanctions slowly became an effective tool it used to achieve its foreign policy goals, becoming the global emperor of sanctions.
Courtesy: AFP
The victory of Mark Carney and the Liberals in the Canadian elections is a turnaround from the party's diminished position just four months ago. The former banker's campaign ran on a strong, independent Canada able to stand up to the new U.S. administration’s tariff provocations. Now come the challenges. The Carney government has much work to do in rebuilding ties abroad and bridging Canada's internal divisions.
Courtesy: PTI
Amid polycrises, from pandemics to wars and trade wars, the global order is in flux, with the contours of the new order still unclear. As the world marks the 70th anniversary of the historic Bandung Conference, this article analyses how its Ten Principles still resonate in today's fractured geopolitical landscape and offer a roadmap for equity, inclusivity, and balance.
Courtesy: East Asia Forum
The traditional power structures of ‘unipolarity’ or ‘bipolarity’ prevalent over the past 80 years are no longer appropriate to describe the current global order, with more countries increasingly supporting the evolving multipolar world. With the old ‘rules-based’ order becoming less relevant, emerging powers like India have an opportunity to draft more equitable rules to match their multipolar intentions.
Courtesy: Narendra Modi on X
U.S. President Donald Trump is determined that India lower tariffs on American imports. He is sending his top representatives to communicate with officials in New Delhi before his own arrival in the Indian capital, aiming to finalize the proposed bilateral trade agreement.
Courtesy:
U.S. President Trump is prioritising strategic competition with China and seeking stability with Russia. This approach involves sanctions relief, sidelining Ukraine, and fostering economic ties with Moscow to weaken its reliance on China and reshape global power dynamics. Europe is divided on the outreach to Russia, but the U.S. wants to leverage energy markets and investment opportunities to expand its influence over Moscow.
Courtesy: Institute for Global Dialogue
The G20 and South Africa - its presiding nation - will both face a difficult year. The U.S., one of the G20’s most vital members has not yet participated, notable by its absence from two important ministerial meetings. The U.S.’ changed foreign policy stance will be a tough challenge for G20; the Global South members will have to step up and become proactive.
Courtesy: Investopedia
The Bank of England was in the news because of the ‘gold squeeze’- traders moving gold from London to New York to profit from the price arbitrage. An informal version of this is taking place between Bangladesh and India.
Courtesy: X
The first plurilateral meeting attended by new U.S. Secretary of State Marco Rubio was the Quad, a day after assuming office. The meeting reinforced the commitment to the Indo-Pacific but with the change in government, the Quad's trajectory in 2025 remains a question. Part of the answer lies in its past interactions, while the rest depends on how the U.S. and India will approach China.
Courtesy: Reuters
India and the U.S. have a big agenda, bilaterally and geopolitically, to discuss when Prime Minister Narendra Modi and U.S. President Donald Trump meet in Washington on Feb 12-13. Trade, China and migration are central points of discussion. So will ensuring that Trump allies with India on its neighbourhood as an area of common concern. The big election win in New Delhi will strengthen Modi’s negotiating hand.