Courtesy: idevie.com
The New Development Bank was formalised at the just concluded meeting of the leaders of the BRICS nations in Fortaleza in Brazil this week. The location is to be Shanghai. The more appropriate and natural choice for locating the bank would have been Mumbai. There are several reasons why
Courtesy: RT.com
Talks are on in Vienna between Iran and the P5+1 to reach a settlement on Iran’s nuclear programme. The self-imposed deadline expires on July 20. However, with the U.S. insisting that Iran cut back on operational centrifuges any possibility of a comprehensive solution in the near future seems remote
Courtesy: Jnn13/Wikimedia Commons
The U.S. has not yet appointed a new ambassador to India. But this absence of urgency is less a ‘signal’ to India and more a result of factors such as a backlog of appointments awaiting approval in the Senate and candidates unwilling to accept the post only for the remaining period of the Obama administration
Courtesy: wikimedia/commons
Brazil is all set to host the 6th BRICS Summit from July 15. In light of the fact that most developing nations have concerns over the pro-western bent of the World Bank and the IMF, the BRICS initiative of setting up of a Development Bank needs to gain momentum and the nations should finalise the mandate on a priority basis
Courtesy: dimoqrati.info
Recent geopolitical shifts has given birth to the very real possibility of a fractured Iraq. The on-going civil war in Syria and an unstable Iraq has renewed the call for a Kurdish nationhood. Although presented with a historic opportunity, rebel factions and authoritarian governments still present a hurdle to the quest for an autonomous Kurdish region
Courtesy: MEA/Indian Embassy Thimphu
Narendra Modi’s first month in office has seen him deftly handle India’s neighbours, accept an invitation to visit Washington, enhance relations with Bhutan and accord due importance to China. In the same manner, Modi will also have to move quickly and firmly to reassure foreign investors of the dependability of India’s fiscal environment
Courtesy: wikimediacommons
Even small Indian IT companies have managed to succeed in the Latin American market. Understanding the local culture is one of the main keys to success as illustrated in the case of Mann India Technologies, which was one of the earliest Indian entrants in the Latin American IT market.
Courtesy: India.com
As the U.S. prepares to leave Afghanistan and refocus on Europe, geopolitical configurations are set to change. India’s new prime minister Narendra Modi’s pragmatism—evident in his acceptance this week of Obama’s invitation to visit the U.S.—will be an asset in rebuilding bilateral ties in this evolving global order
Courtesy: www.narendramodi.in
Gateway House outlines a renewed agenda for India’s relationship with Latin America. If the new government led by Narendra Modi takes these policy steps, centred on economic diplomacy, India can benefit from Latin America’s huge natural resources, increasingly assertive foreign policy, and significant economic growth
Courtesy: Department of National Defence, Republic of Philippines
The recently held Shangri-La Dialogue, an annual security forum of Asia’s defence establishments, highlighted the growing anxieties over China’s belligerent pursuit of territories under dispute in the South China Sea. The U.S. and Japan have made it clear that they will strongly challenge China’s claims. It’s a tussle that will throw up new security dilemmas for India in the future