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The road to reconciliation between India and Pakistan is likely to be a long and treacherous one. But perhaps economic compulsions can overtake political ones. That is the hope in Karachi, whose business community has started to make its journey across the border to India.
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The new provocations from Pyongyang heighten the risk of a military showdown with the U.S., South Korea and Japan. China, the only power with sway over the regime, is exercising limited options for peace on the peninsula.
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Subsequent to the global financial crises of 2007, while several countries were still struggling with economic problems, Latvia managed to dramatically decrease its public debt, and its GDP too grew at an impressive pace. How was this success achieved and at what cost to the people of the country?
Courtesy: The White House
During his visit to Israel, U.S. President Barack Obama spoke in favour of both the Israelis’ right to security and the Palestinians’ right to sovereignty. The issue of settlements, however, remains unresolved and it is unlikely that Israel will make concessions when its neighbours are in turmoil.
Courtesy: Ministry Of External Affairs, India
Indian foreign policy has not yet addressed the ramifications of Chinese economic dominance in BRICS. Nor have we matched China’s engagement within the group to ensure that the BRICS vision of a new international order for emerging economies actually works in their favour.
Courtesy: Ministry Of External Affairs, India
As a neighbour, India has legitimate interests in Myanmar, especially for peace and progress in its North East. More recently though, the Myanmarese are looking to imbibe democratic values from India, learn about regulations, banking systems, commodities exchanges, media councils, software and telecom skills
Courtesy: Government/ZA/Flickr
At the 5th BRICS Summit that begins in South Africa today, the heads of state of Brazil, Russia, India, China and South Africa are expected to ratify the creation of the BRICS Bank. After discussion and study for over a year by the respective governments, the bank will be launched with seed money estimated at between $50 billion to $100 billion, and most likely an equal share of voting rights for the management of the bank. What remains
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Bilateral relations between India and Italy grew increasingly tense following Italy’s refusal to return two of their Marines – who are accused of killing two Indian fishermen. Given how both countries otherwise enjoy warm relations, how should New Delhi address this diplomatic debacle?
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The five-point formula put forth by newly-elected Chinese President Xi Jinping to bolster bilateral relations with India signifies once again that Beijing is increasingly going for a semblance of stability in relations with its largest neighbour, without making any strategic concessions on contentious issues.
Courtesy: WikimediaCommons
New Delhi has taken some opportunistic actions, such as its vote against Sri Lanka in the UN Human Rights Council, to pacify internal political demands. But these extract a price in the international arena. Should we anticipate a further decline in India’s regional and international credibility?