This daily column includes Gateway House’s Badi Soch – big thought – of the day’s foreign policy events. Today’s focus is on the negotiations for a free trade agreement between the E.U. and the U.S.
The deterioration of growth prospects is at the core of the financial crisis in Europe. Can Europe successfully form a banking and monetary union? Gateway House interviews Nicolas Véron, a French economist, to discuss the repercussions of the financial crisis in Europe and the potential for Indo-EU cooperation.
Courtesy: trendscout::/Flickr
All the major economic forces in the world have come together in Africa in a new version of the Great Game. The competition for the continent’s resources will ultimately harm Africa unless Africa uses this opportunity to its advantage and to address its own serious problems.
Courtesy: Gateway House
Gateway House prepared a Global Stability Map, using 20 differing indicators, to analyze the stability of 60 countries around the world. Using criteria that are important to the emerging economies of the world, the map provides an Indian perspective of the world today.
Courtesy: IAEA Imagebank/Flickr
Ahead of nuclear talks between Iran and the P5+1 in Moscow, the West seems confident that sanctions will induce Iran to settle on its uranium enrichment. But rather than arriving at a negotiated settlement by applying the principle of reciprocity, the West may look to anaesthetize oil markets.
Momentous developments are taking place in Europe. In elections in Greece, France and Germany, Europeans expressed dissent against austerity policies adopted by their government to combat the economic crisis in Europe. How will these results affect the future of European policy-making?
As India’s growth slows, it becomes increasingly important to enact reforms so it can return to its intended growth rate of 9%. Gateway House’s Hari Seshasayee interviews Anoop Singh, Director of Asia and Pacific at the IMF, to discuss the impact of the Euro zone crisis on India and the way forward for Asia.
Courtesy: Foreign Affairs
As Europe emerges from economic crisis, a larger challenge remains: finally turning the eurozone into an optimal currency area, with economies similar enough to sustain a single monetary policy. Getting there will be difficult and expensive, but the future of European integration hangs in the balance.
The scope for any process on nuclear talks with Iran to founder on distrust, misunderstanding and political in-fighting in both Tehran and Washington remains formidable. Equally disturbing are the wider political realities. Can the upcoming talks in Istanbul launch a process that can, over time, lead to agreement?
Kostas Botopoulos, Greece’s point-man in money markets, speaks to Gateway House's Akshay Mathur about Greece's bailout process, building consensus within the European Union, the reforms demanded by stakeholders and what it all means for India and the global economy.
