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Discontent over high energy prices, spiralling living costs, and anti war sentiments have gripped Europe, resulting in protests and civil unrest across the continent. With no immediate solution in sight, public resentment is likely to intensify through the coming winter months
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Sanctions against Russian energy, high cost fuel, heat waves and droughts all at once have raised the price of daily energy use to unprecedented levels and plunged large parts of the world into darkness.
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The Ukraine crisis has sent the EU scrambling for new gas supplies, generating fresh interest in gas pipelines from Central Asia and West Asia via Turkey. Practical difficulties make most of these new projects unviable.
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Swiss bankers, long perceived as smart and the epitome of security, have lately projected themselves as venturesome players in a global theatre of high risk. It didn’t pay off, their involvement with Greensill Capital and Archegos Capital, resulted in major financial losses and a loss of cachet.
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Now that the India-U.S. 2+2 meeting has ended, Indian officials are preparing for a hectic season of summiteering in November, from the SCO to the BRICS and the G20. All will give India global attention, and help the country prepare its positioning at home and abroad.
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The Space20 is the newest sub-forum of the G20 initiated by Saudi Arabia, with the support of the United Nations Office of Outer Space Affairs. India, on its way to the G20 presidency in 2022, should set a comprehensive Space20 agenda for the democratization of outer space, whereby it can share its space growth story with the developing world and achieve its goal to become a global knowledge epicenter.
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The UN turned 75 this year but instead of grand celebrations, the world witnessed an empty UNGA with world leaders addressing it via video screening because of the pandemic. The UN is under unprecedented stress and being shown up for its inability to tackle the challenges of today like the pandemics, climate change, terrorism or global peace and security. The institution's key governing structures, especially the UN Security Council, are inadequate and demand reform. India must now use gritty resolve to ensure its place in these governing structures.
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The recent 15th India-European Union (EU) summit held virtually in July 2020 reflects a bilateral that is gearing for a boost, with both sides trying to move closer in a variety of ways. A serious effort will be required to properly reconcile strategic, trade and investment interests.
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The results of the European Parliament elections, held late last month, served as an eye-opener for individual member states, such as Germany. A former ambassador to Germany offers an analysis of the leadership changes afoot, shifting coalitions – and also the prospect of stability amidst all the flux
The German-French collaboration has been the motor of the European Union so far, but there has been a rise of resentment within the other European countries, with a mobilisation of right-wing parties and talk of an Italian-Polish motor instead, says Neelam Deo, Director and Co-Founder of Gateway House, in this interview. Elections to the European Parliament are taking place from May 23-26
