Courtesy: Armstrong Economics
The global monetary and financial system is lopsided and designed to favour rich countries; an alternative economic and political doctrine, which takes into account the needs of emerging economies like India, must now be articulated to end this one-sided architecture
Courtesy: The Guardian
Francois Fillon, a lacklustre conservative, last week emerged as a victorious presidential candidate in Les Republicains’ first round of a primary, a first in the party’s history. Here’s why this outcome is a momentous one.
Courtesy: United States Trade Representative
Amid the debate of a U.S.-centric TPP template or a China-led RCEP model, it is important to consider if such trade agreements are building blocks or stumbling blocks to global free trade. With the passage of the TPP still uncertain in the U.S. Congress, and the RCEP unlikely to be acceptable to the U.S., the more likely global trade scenario will be fragmentation
Courtesy: U.S. Navy / Wikipedia
Philippine President Rodrigo Duterte has sought to sever ties with the United States, a declaration that has elicited much skepticism. The West Pacific is in for some realigning of relationships if he makes good on this threat.
Courtesy: ItzaFineDay/Flickr
Making the climate change transition involves an unprecedented reallocation of capital – and the task is to build the financial architecture that can deliver these flows within deadline. COP-22 has to raise more, cheaper and better quality finance for climate action.
Courtesy: Gage Skidmore / Flickr
The world is now faced with a self-professed unpredictable U.S. president in Donald Trump. This unprecedented outcome is already being felt by the world’s economies, but while many foreign parties may be celebrating this outcome - there is such a thing as too much change
Courtesy: Gateway House
Aung San Suu Kyi paid high-profile visits to both Japan and India recently; economic cooperation would have been high on her agenda. But what could also emerge from such overtures is a diplomatic threesome
Courtesy: Jehangir S. Sorabjee
British Prime Minister Theresa May’s visit to India from November 6-8, her first to a country outside Europe, has been focusing on increasing bilateral trade and investments. But 300 years ago, London and Bombay shared a critical financial relationship.
Courtesy:
The victory of Donald Trump for the White House is a turning point in America – it’s a vote against the establishment and vested interests that have dominated Washington for decades. It also shows America following the global trends of strong leaders with a new electorate in the post World War II Order
Courtesy: 123RF
On November 8, when Prime Minister Narendra Modi announced to India, the demonetisation of high-value currency notes, he specifically referred to the use of Hawala and fake Indian currency notes for terrorist financing. The hawala system to move funds globally for terrorist financing is huge, secretive, and layered—and a challenge for national security agencies.