A new equation is emerging between the BRICS countries and the informal grouping of the most industrialized economies, called the G8. The G8 has been reduced to G7 following Russia’s suspension. Of late, BRICS have taken an assertive stand against the G8 in economic as well as the geo-political fora
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The National Ignition Facility, U.S., has achieved a major breakthrough in generating fusion nuclear energy. India’s scientists, starting from Homi Bhabha, have been part of the process of realising this dream. Fusion energy can become a cheap, clean and abundant source for global energy needs
Courtesy: Foreign Affairs
When the average growth rate in emerging markets hit over seven percent a year in the last decade, forecasters hyped its implications. Today, more than five years after the financial crisis of 2008, the euphoria seems to have waned
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Whether backdoor geopolitics rather than careful negotiations brought about the interim agreement on Iran’s nuclear programme, the next six months will determine its fate. Reactions have ranged from a furious and mistrustful Israel to collective relief by many countries, and a worried India welcoming the agreement
Courtesy: NASA/Wikimedia Commons
At a time when China has invested substantially in its space projects and Russia is invigorating its space exploration, India too must develop a strategically-designed programme. The successful launch of the Mars Orbiter Mission should give New Delhi enough reason to increase India’s space footprint
Courtesy: Systemman, Erin A. Kirk-Cuomo/Wikimedia Commons
The U.S. government shutdown and President Obama’s absence gave China immense diplomatic and political space at the APEC and East Asia Summit meetings. China’s declaration of a “de-Americanised” world may be premature but the crumbling old order is doing little to dispel this notion
Courtesy: WikimediaCommons
Can the world aspire to a future where the use of force is not seen as leadership? Can the U.S. and former colonial powers like France and UK, think differently and reject the use of force as first resort? Can China and India craft alternatives?
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Indian and Chinese companies routinely bid against each other in their quest to secure oilfields and other resource pools resulting in rising prices. However, a preferable recourse would be for the nations, along with ASEAN, to collaborate as there is enough for all
Courtesy: Blog do Planalto
The launch of the BRICS Universities League in Shanghai is an important effort for the five nations to understand each other and define their place in global governance
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