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Recent state elections in Brandenburg, Saxony and Thuringia in east Germany saw the far-right Alternative for Democracy (AfD) and the left-wing Bündnis Sahra Wagenknecht (BSW) make significant gains in vote share. With German federal elections just a year away, major parties like the ruling CDU and SPD which have seen voter support erode considerably, will now have to re-strategise to stay relevant in Germany’s transforming political landscape.
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Mumbai and Antwerp share a history from the 18th century. Traffic between the two ports expanded with Belgium among the top three European countries trading with Bombay. After the Second World War, both cities developed a chemical industrial complex adjoining their ports. Today their centuries-old connections have come full circle with an active collaboration between their port authorities.
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The European Parliament elections have thrown up a win for the right-wing parties – quite a change from the previous centre-left composition. There will be repercussions for the EU and domestic policies of the member countries. Is this election an indication of a future Europe turning right, or is it a reaction to domestic situations individually within states?
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Recent changes in Belgian and EU tax law and regulation have resulted in some Antwerp-based Palanpuri Jain diamond traders shifting base to the newly booming Dubai diamond market. But Antwerp dominates the diamond business for this enterprising community, where 400 families continue to stay and use it as a gateway to the European market for diamonds cut and polished in Surat and Mumbai in India.
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Chinese President Xi Jinping's three-nation tour to France, Serbia and Hungary in early May highlighted China's aim to bolster ties and navigate shifting global power dynamics. The trip's implications are significant for all major powers, including India, which must inject more creativity and energy in building up its strategic partnerships with G7 nations after the elections.
Courtesy: Bayerischer Rundfunk
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?
Courtesy: Suresh Mehta and 'Fragrant Folios: The Palanpur Story' by Jitendra C. Mehta and Amrit Gangar.
In Antwerp's global diamond exchanges that trade in rough and polished stones, the Gujarati-speaking Palanpuri Jain merchants are known as intrepid businessmen with a reputation for keeping their word. These traits has enabled them to live and work amongst Hassidic Jewish diamantaires and cutters-polishers who dominated this market. They carved a niche for themselves in small diamonds. Bombay played a key role in their success.
Courtesy: Reuters
The Italy-Africa summit, held on January 28-29, followed Prime Minister Meloni’s Mattei Plan for greater engagement with Africa and the Global South. It gives Italy’s ongoing G7 presidency an edge and a means of addressing immediate concerns like energy and illegal migration. Italy must now follow through on its commitments by coordinating with partner countries, organisations and private sector.
Courtesy: Tezbid
President Emmanuel Macron is the Chief Guest for India's Republic Day celebration. This comes six months after Prime Minister Modi went to Paris as the Chief Guest for France's Bastille Day. It marks a special continuum in the India-France bilateral, and the growing convergence of their respective visions which include a shared dedication to strategic autonomy, an understanding between friends, and the maturity of the bilateral.
Courtesy: South Asian Voices
The proximity in the Indo-French relationship is reflected in the countries' increasing cooperation in the Indo-Pacific. An ambitious joint Indo-Pacific roadmap is supported by the Indo-Pacific Oceans’ Initiative and the recently announced Indo-Pacific Triangular Development Cooperation Fund. Both partners must now devise timelines for the implementation of the proposals.