Courtesy: MEA flickr
The seven decade-reign of King Bhumibol Adulyadej of Thailand, who passed away last month, was rich with event. There were coups, but economic development too, with the skilful leader managing to hold the nation together
Courtesy: Wikipedia
The Indian oil industry is changing. The recent bidding for Discovered Small Fields saw the emergence of small, independent oil explorers in a country that has been dominated by state-owned companies and only a few private sector firms
Courtesy: Gateway House
Prime Minister Narendra Modi's announcement on November 8 to demonetise notes of the denomination of Rs 500 and Rs 1000 has a precedent. This infographic traces some interesting demonetisation initiatives around the world. From discontinuation of high denomination notes due to lack of circulation, to the use of beer and water as 'real assets' in place of hyper-inflated currency.
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: 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: 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.
Courtesy: MEA/Flickr
Brexit has put Prime Minister Modi in the driving seat for negotiating a better trade deal for India with the UK--and the EU