Courtesy: Times Now
The outbreak of the Israel-Hamas war less than a month after the conclusion of the New Delhi Summit has heightened the geopolitical anxieties that hovered over India’s G20 presidency year. As the baton passes to Brazil, purposeful action, careful diplomacy and managing conflicting interests will be key to the implementation of the Summit’s commitments.
Courtesy: The Intercept
There are multiple threads running through the Israel-Hamas conflict, and multiple interests. The long-running cast of the Arab and Western worlds are on site, but now so is a newly-assertive Qatar. Two others are potential players: the expanded BRICS grouping and India, which will soon co-invest in the India-Middle East Europe Corridor. Will they be drawn into the West Asian quagmire?
Courtesy: The Independent
The Israel-Hamas conflict can further destabilise a world already weighed down by the Ukraine war and U.S.-China tensions. Escalation is inevitable, unless Europe recovers its traditional mediating role of advocating for ceasefire, dialogue and negotiated solutions, the Axis of Resistance desists, and the BRICS-11 play balancer. For the first time, there are many actors in an arena where the US was accustomed to being a soloist.
Courtesy: Mint
The G20 summit in India and developments on its sidelines like the announcement of the IMEC, multiple bilateral meetings held by Prime Minister Modi, will all have long term geoeconomic and geopolitical impact. These, along with the summit deliberations and outcome are key to assess the future prospects of great power relations.
Courtesy: Gateway House
The expansion of BRICS and the military coups in West Africa have brought to the fore long-suppressed intensities and tensions in the world order. Developed and developing words are in a moment of transition, with middle powers like India playing key balancing roles. Amb. Neelam Deo speaks with us on Unfolding Geopolitics, a new podcast series which observes and explains current and emerging geopolitical and foreign policy trends across the world.
Courtesy: Lowy Institute
The 15th BRICS summit is set to take place on August 22-24 in Johannesburg. Against a backdrop of escalating global tensions, the summit's agenda encompasses crucial topics including greater representation of the Global South, reform of MDBs, and geopolitical flashpoints like the Ukraine crisis. The summit's outcomes will extend beyond the grouping and redefine the landscape of international cooperation among emerging economies.
Courtesy: India Today
The Shanghai Cooperation Organisation's growing importance is seen in the numerous new applicants waiting in line for membership. The 23rd SCO Summit hosted by India on July 4 saw progress in areas like digital transformation and economic cooperation. However, timidity in acting on foundational issues like anti-terrorism reflects the internal contradictions and tensions within member states - a continuing challenge for SCO.
Courtesy: Gateway House
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.
Courtesy: Vox
The restoration of diplomatic ties between Iran and Saudi Arabia marks the end of a seven-year marathon of indirect confrontations and impasses involving a broad spectrum of actors. It allows both to harvest economic and political benefits. Most importantly, it confirms China’s status as a significant power with influence to unlock broad and complex international agreements.
Courtesy: Twitter @narendramodi
India has not invested much in multilateral rule-making institutions like the G20, but it is never too late to start. India is ahead in some aspects, particularly technology with digital public goods and its governance. But it will certainly need help and expertise.