This daily column includes Gateway House’s Badi Soch – big thought – of the day’s foreign policy events. Today’s focus is on Platts which is under investigation by the EU for allegedly manipulating crude oil prices.
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This daily column includes Gateway House’s Badi soch – big thought – of the day’s foreign policy events. Today’s focus is on the election process, viewed through the Karnataka election in India, and the general elections in Pakistan and Iceland.
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Conventional political parties around the world seem to be on the decline, and there are common factors too – precarious economies and a leaching of ideology, for example. How can countries achieve grassroots empowerment in their village republics, and those of ordinary citizens the world over?
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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?
In 1990, the erstwhile South Commission recommended the creation of a 'South Bank' to aid the economic emancipation of the global South. Can the BRICS bank, which was discussed in length at the 5th BRICS Summit, provide a solution to the problems of the crisis-ridden African continent? Devaki Jain blogs
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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.
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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?
The establishment of a BRICS Development Bank will be among the prime topics of discussion at the BRICS Summit on March 26. Gateway House’s Akshay Mathur interviews former Indian Ambassador and Foreign Secretary, Shyam Saran, on the prospects and viability of alternate financial architectures.
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Maritime piracy is one of the several grave security issues faced by today’s world. This problem, however, isn’t a new phenomenon, and nations have long-battled this issue. How did piracy manifest itself in the Indian Ocean in the 19th century, and what was the nature of counter-piracy efforts during that period?
