The Dhaka gold squeeze
The Bank of England was in the news because of the ‘gold squeeze’- traders moving gold from London to New York to profit from the price arbitrage. An informal version of this is taking place between Bangladesh and India.
The Bank of England was in the news because of the ‘gold squeeze’- traders moving gold from London to New York to profit from the price arbitrage. An informal version of this is taking place between Bangladesh and India.
The first plurilateral meeting attended by new U.S. Secretary of State Marco Rubio was the Quad, a day after assuming office. The meeting reinforced the commitment to the Indo-Pacific but with the change in government, the Quad's trajectory in 2025 remains a question. Part of the answer lies in its past interactions, while the rest depends on how the U.S. and India will approach China.
India and the U.S. have a big agenda, bilaterally and geopolitically, to discuss when Prime Minister Narendra Modi and U.S. President Donald Trump meet in Washington on Feb 12-13. Trade, China and migration are central points of discussion. So will ensuring that Trump allies with India on its neighbourhood as an area of common concern. The big election win in New Delhi will strengthen Modi’s negotiating hand.
The UN turns 80 this year. How is it being judged? Both disparagingly and with admiration says Ruchira Kamboj, Former Permanent Representative of India to the UN. In this podcast with Manjeet Kripalani, Executive Director, Gateway House, she explains the now-diminished U.S presence, the growing influence of China, the scope for reform and India’s position as an emerging global power.
Europe has reduced its reliance on Russian gas following the war in Ukraine, and its chief supplier Russia is mired in western sanctions. What does it mean for Russia? It has certainly changed the fortunes for American gas to be sold to Europe: as of 2023, the US had become the world’s top exporter of gas.
U.S. President Donald Trump is back for a second term, and India and the U.S. together have much to gain from it. The bilateral has grown tremendously over the decades, with technology, scientific and trade ties deepening and expanding. Also, both countries have a common interest in addressing the ascent and bullying tactics of China.
The India Middle-East Europe Economic Corridor (IMEC) announced during India’s G20 leaders’ summit in September 2023 aims at security and ease of connectivity by multi-modal physical, digital and energy corridors connecting India, UAE, Saudi Arabia, Israel, and Europe. Like many of the connectivity projects created around the world today, IMEC’s origins are 2,300 years old, ancient routes that connected the Indian Ocean to the Mediterranean Sea
On June 3, Claudia Sheinbaum made history by becoming the first woman elected President of Mexico. In terms of foreign policy and carving a geopolitical identity, this marks the beginning of a new stage of Mexican integration into the global agenda. It provides another dimension for international stability, including a revitalized Mexican perspective of the Middle East.
Prime Minister Modi’s third term began with India’s participation at the BRICS Foreign Ministers Meeting in Russia and the Outreach Session of G7 in Italy. India’s participation at both conferences highlighted New Delhi’s continuing preoccupation with great powers. How Indian diplomacy navigates ties between the West and BRICS will shape and decide its strategic autonomy in a multipolar world.
The North Atlantic Treaty Organisation turns 75 this year. It has exceeded its original mandate of a collective defence for Europe and is expanding rapidly. From restraining the rise of Russia, it is now seeking non-NATO allies in Asia who wish to restrain China. This requires a nimbler, more dynamic alliance. Can NATO respond to the transformation?