China has expanded its presence in the Indian Ocean Region. President Xi Jinping has abandoned Deng Xiaoping’s conciliatory posture for an aggressive, money-fuelled search for super power status

The ninth BRICS summit represented the victory of pragmatism over narrow nationalistic impulses. All BRICS members are likely to craft the grouping’s future script as it enters its second decade, but more crucially, the Big Three will have to show a large dose of statesmanship

BRICS, which has always been committed to enhancing solidarity, is now entering its second decade – even as tensions between its two most consequential members remain unresolved and member states and other emerging markets are set to serve as “the main engine” of global growth

The multi-polar world that BRICS nations seek is not a reality yet and the differences between them do exist. But the BRICS summit in September offers leaders an opportunity to examine a few important financial issues before they can dictate the global agenda

A conference of the BRICS 2017 Think Tank Forum, held in Beijing recently, showed that the grouping had progressed in influencing global governance despite some persistent intra-member differences

Speakers at the ‘1st BRICS Think Tank Forum on Pragmatic Cooperation’, held in Shanghai last month, discussed ways to tackle new challenges as globalisation moves into the next phase where the BRICS countries will take the lead

Trends in technology, geopolitics and geoeconomics have dramatically transformed the global energy scenario in the last two years. This means favourable conditions for import-dependent India, which must use the opportunities available to reduce its vulnerability to high energy prices. The jump in oil prices past the $60 mark suggests that India must act with alacrity. India’s Energy Footprint Map offers a profile of India’s global trade and investment in energy, and indicates what India can do to access cheap and reliable supplies

The Indo-Pacific region is home to some of the largest and most rapidly growing economies as also powerful military forces. Nuclear threats, international terrorism and climate change are some of the issues that define the region. Uncertainty dogs relations among the four nations in the top league—U.S., China, India and Japan—but what is emerging is a hawkish, policy stance from the U.S. as opposed to an isolationist outlook apprehended earlier

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.

The contours of globalisation are being reshaped. The Brexit vote and the election of Donald Trump mark a strong anti-globalisation sentiment even as leaders in China, India and Russia successfully marry nationalist rhetoric with a cleverly crafted overseas strategy, premised on the very tenets of globalisation. There seems to be a ‘pause’ in the unbalanced progress of globalisation of the last three decades—and this could have many positive outcomes