World

PoliticsWorld

FTA with Oman Likely: Catapulting Gulf-India Synergies

The India-Oman CEPA will give a significant boost to bilateral trade between both countries. It will help Oman achieve its objective of reducing its dependence upon oil. The Gulf nation, which is strategically located near the oil transit point of the Strait of Hormuz, is especially important for Indian businesses — since they can set up manufacturing facilities and leverage Oman’s location and other advantages for exports to other West Asian nations and Europe.

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Editor's PickPoliticsWorld

Riyadh’s ‘Active Neutrality’ at Play: SCO, OPEC+ and Proposed Defence Deal with USA

In March 2023, Riyadh entered the China-led Shanghai Cooperation Organization as a dialogue partner. Saudi Arabia had also signed a Beijing-mediated agreement with Iran to resume diplomatic ties. The Gulf nation has played an important part along with Russia in the OPEC+ cuts in oil production much to the displeasure of Washington DC. Yet, in recent days, Saudi Arabia has been pushing for getting a defence pact with the US ratified before the US election of 2024.

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PoliticsWorld

The Middle Eastern Chessboard: Gaza-Israel War, Escalations between Pakistan-Iran & USA-Iran Hostilities

Wars often have unintended consequences, and the Israel-Gaza war is no exception. The earlier Iranian strikes in the region and the very recent Jordanian strike killing American soldiers imply that greater conflict in the Middle East emanating from the Israel-Gaza war cannot be contained and can spill out eventually in unforeseen circumstances. The decades-old Palestinian-Israeli conflict will persist causing the entire Middle East region to be further embroiled in persistent conflict, turmoil, and instability to the detriment of world peace.

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PoliticsWorld

International Relations: Choices or Concerns

The dichotomy of realists’ pessimism and liberalists’ optimism frames political debates globally. With international relations often dominated by authoritarian tactics, democracy becomes a challenging but desirable method in garnering global consensus. Though imperfect, democracy can offer strategies for balancing emotion and reason in its practices. Autocratic and democratic nations approach these issues differently. International society strives for a universal experience, aiming for cooperation despite differing political ideologies. Thoughts are converging, ushering in an anthropocentric world focused on existential rationality and mitigating global catastrophe.

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Editor's PickPoliticsWorld

Biden Vs Trump 2024: The Geopolitics of Russia-Ukraine & Israel-Hamas in USA’s Politics

A recent poll by The New York Times and Siena College found former President Donald Trump leading over President Joe Biden in five key swing states for a potential 2024 presidential election match-up. The poll suggests Biden is losing support among young and black voters, and despite improvements in economic indicators, voters appear pessimistic about the US economy. Trump’s potential win could have significant implications for the ongoing geopolitical conflicts in Russia-Ukraine and the Middle East.

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Editor's PickWorld

A Month Since the October 7 Attacks: Bibi’s Ground Operations to ‘Eliminate Hamas’ and Post-War Scenario in Gaza

The Israeli Defence Forces (IDF) are now encircling Gaza treating Hamas as a target. This escalating conflict ignited anti-American sentiment in the Muslim world, with global opinion turning against Israel. A month of heavy bombardment killed over 10,000 people, including 4,104 children, leading to international calls for a ceasefire. WHO, U.N. agencies, and international charities express concern over the humanitarian crisis in Gaza.

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Editor's PickPoliticsWorld

Israel-Hamas War: No Endgame Amid International Pressure

In response to the ongoing conflict between Israel and Hamas, the United Nations General Assembly has called for an immediate ceasefire. The warfare has resulted in significant casualties and prompts international concerns about an impending humanitarian catastrophe. Despite global pressure, Israel’s Prime Minister, Benjamin Netanyahu, remains resolute to continue ground operations. Simultaneously, diplomats are considering possible administration changes in Gaza post-conflict. The international community continues to advocate for a two-state solution, emphasizing the significance of justice, reconciliation, and peaceful coexistence.

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Editor's PickWorld

The Chinese Potential: Close Ties with Tehran, Dialing Down Israel-Palestine Tensions

Chinese Foreign Minister, Wang Yi, urges Israel to respect international humanitarian law, protect civilians, and ensure Chinese interests in Israel. Amid tensions following Hamas’s multi-pronged attack, China criticizes the killing of civilians but avoids condemning Hamas. As the conflict escalates, upcoming meetings between Wang Yi and US Secretary of State, Anthony Blinken, could present opportunities for dialogue. Despite increasing aggression from Iran, China’s influence in the Middle East could potentially help mitigate the situation.

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Editor's PickWorld

Israel-Palestine Conflict Dynamics in West Asia

The ongoing conflict between Israel and Palestine marked a significant turn, with a surprise attack on Israel marking the fiftieth anniversary of the Arab-Israeli war. The violence, which has been consistent since post-WWII, escalated as Hamas launched over five thousand rockets at Israel. Despite international efforts, including the Cairo Summit for Peace, a resolution seems elusive. Accusations of Israeli occupation of Palestinian lands and retaliatory violence add tension, while powerful countries attempt to exert influence and propose solutions.

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Editor's PickEnvironmentSci-TechTechnologyWorld

Vulnerability of Energy to Climate: A Perspective on Thermal Power Plant & Scope of Renewable Energy

Climate change’s severity in India is escalating, driven largely by the country’s dependence on coal-based power plants. Recognizing this, the government aims to satisfy 50% of energy needs through renewable sources by 2030 and has taken steps to limit pollution with clean coal technologies. However, the transition from coal presents challenges, including fluctuating costs of natural gas and the reliability of renewable energy. Implementing new technologies and shifting towards renewables requires strong local institutions, community involvement, and private sector participation.

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Editor's PickWorld

Israel-Hamas War: Gaza Hospital Attack, Biden’s Visit, Iran-USA Powerplay

The shifting global power equation combined with increasing advocacy for regional peace through a sovereign Palestinian state necessitates that the US rethink its global strategy. Tensions in Gaza are escalating, potentially leading to a large-scale conflict as Israel plans a comprehensive offensive against Hamas. Amidst growing fears of war and a worsening humanitarian crisis, there’s a pressing need for negotiating peace and ensuring timely humanitarian aid in the region.

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PoliticsWorld

Saudi Arabia’s Changing Foreign Policy: Becoming a ‘Swing State’ or Just a Swing from Washington to Beijing Camp?

Saudi Arabia is looking to enhance its strategic and economic clout globally. Riyadh has been showing interest in China-dominated organizations SCO and BRICS. Saudi has already joined SCO as a dialogue partner and has applied for membership in BRICS. However, its relationship with US is still economically and strategically important. US has a strong military presence in Saudi Arabia and other GCC countries. Further, Saudi Arabia’s economic and strategic interests on key issues could diverge from both Beijing and Moscow.

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EducationWorld

The Future of India’s Future: Increasing Global Education Opportunities for Indian Students

In recent years, several changes have taken place in the Indian and global landscape, which students seeking to pursue higher education overseas, as well as in India cannot ignore. Some overseas universities are likely to set up campuses in India. The West is seeking to attract more Indian students as a result of strained ties with China. In the imminent future, there will be many more joint programs between Indian institutions and overseas educational institutions. And most importantly, the focus will now be on technological skills and languages and not degrees. It is important for parents also to bring about a change in mindset.

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Editor's PickPoliticsWorld

Ukraine Conflict, ‘Spy Balloon’ and Evolving US-China Relationship

In recent weeks, tensions between Beijing and Washington seem to have escalated after the incident of an ‘alleged’ Chinese spy balloon being spotted in US airspace. The Biden Administration may not want ties with China to deteriorate further and it may also seek to find common ground on important global issues. It is likely however to continue with its tough economic stance vis-à-vis China in the run-up to the 2024 US presidential election. The important factors which will influence the trajectory of the Washington-Beijing relationship are the course of the Russia-Ukraine war and China’s stance on the same as well as China’s approach towards Taiwan.

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EconomyEditor's PickWorld

Vicious Cycle of Economic Slowdown in South Asia

Sri Lanka and Pakistan are dealing with serious economic crises. Apart from serious domestic issues like shortage of essential commodities, and power cuts, both countries have meagre foreign exchange reserves. The excessive dependence on China is the main reason for the increasing debt trap. Both countries also had to seek International Monetary Fund (IMF) assistance despite domestic opposition against the conditionalities imposed by the IMF. It is important for South Asian countries to work towards more robust economic linkages within the region and to shed dependence upon external assistance. 

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Editor's PickEducationPoliticsWorld

Protectionist UK Restricting Indian Students May Backfire

Limiting the number of students from India or changing rules pertaining to the graduate post-study work visa will make the United Kingdom a less attractive destination for higher education for Indian students. The UK needs to understand that Indian students contribute significantly to the UK economy, not just in the form of tuition fees, but also through their talent and skills. 

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CultureIndiaWorld

G20, Dharamshala Declaration and Northeast: The Trident to Boost Incredible India’s Tourism

There is no doubt that India’s Presidency of the G20 is an important opportunity for India to give a strong boost to its tourism sector. This will give a much-needed fillip to the country’s hospitality industry and the economy. Showcasing cities which do not get the attention they deserve and a greater focus on the North-Eastern region, by holding meetings there, is a welcome step.

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CultureEditor's PickIndiaSocietyWorld

North-East Festival: A Roadmap To Domestic And Global Ties

North-East Festival is a festival that celebrates the beauty, diversity, and integrity of North-East India. The USP of this festival is the way in which we seamlessly integrate elements of social cohesion, cultural heritage, and economic welfare, making them an immersive experience for all. This also seeks to give a fillip to ties between North Eastern India and the increasingly important ASEAN region. The festival is important for a number of reasons. First, it highlights aspects of the region’s culture and economy that residents in other parts of India are not familiar with.  Second, it can give a boost to tourism in the region. Third, it can open up new horizons for entrepreneurs from North Eastern India, and the rest of the country.

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PoliticsWorld

Australia-China Bilateral Relationship: Penny Wong’s Visit to Beijing

The visit of the Australian Foreign Minister, Penny Wong, to China could pave the way for reducing tensions between both countries, though it would be unrealistic to expect substantial progress in the short run. Any thaw between both countries will require a significant course correction in Xi Jinping’s foreign policy, which so far has been fundamentally different from that of his predecessors. 

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EconomyEditor's PickWorld

The Growth Story Of ASEAN Powers: Indonesia and Malaysia

While the Malaysian economy has been adversely impacted as a result of political instability, the Indonesian economy has benefited immensely from political stability. Also, Malaysia has been lagging behind Indonesia in terms of Foreign Direct Investment (FDI). But still Malaysia continues to be one of the most attractive investment destinations in ASEAN.

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Editor's PickEducationWorld

The New Geopolitics Of Global Education

Geopolitical issues have affected the people-to-people links and higher education adversely. While the UK, like other developed countries in the West, is keen to attract talented professionals as well as students who could contribute positively towards its economy, it is mooting the idea of restricting the inflow of international students who get admitted into ‘low-quality degrees’, and also bring in their dependents through the student visa route. On the other hand, Canada’s Indo-Pacific Strategy makes a clear reference to strengthening people-to-people contact with different parts of Asia and seeks to enhance Canada’s international student program with permanent residence and job opportunities for students from the Indo-Pacific.

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PoliticsWorld

China and West Cooperation: Is the Golden Era Over?

It is important that China and the West ensure that their relations do not slide further. It is important for both sides to refrain from a zero-sum approach and that they cooperate on important global issues. At the same time, countries wary of China’s increasingly aggressive behaviour, under the leadership of Xi Jinping, need to come up with a cohesive strategic and economic vision to counter the same.

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PoliticsWorld

Pacifism in Words, Militarism in Actions: The Sounding Brass Leaders of 21st Century

These days politicians are so convicted that their opinions are correct that they don’t hesitate to dissemble any facts that are contrary to their position. They always make loud statements. However, at times their words and actions do not jibe. It involves trouble for nations and more for whole regions. And that is particularly true for the Indo-Pacific region, where many countries have their own great ambitions and also have enough military power to achieve their objectives. It should be well understood that sooner or later this kind of double-standard policy will fail. The lessons of world history inevitably prove it. It is very important to stop in time and think about it. It seems that it is time to stop just making loud statements.

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Editor's PickSportsWorld

A Rundown of Sports Diplomacy

The ongoing FIFA World Cup 2022 in Qatar once again highlights the importance of sports in foreign relations. Sports, over the years, have helped unite nation-states with opposing ideologies. Diplomacy through sports harnesses soft power in geopolitics. Major sporting events like the Dynamo Moscow Football Tour after WWII stands as a testament to two rival countries coming together to settle their indifferences through the means of sport. The ping-pong game between China and the US helped end two decades of animosity between Sino-US relations. In recent years, sports diplomacy has been used to promote legitimate means of peace and development infrastructure in countries while hosting major sporting events. A country with a strategy of sports diplomacy will benefit in economic development and will leave a positive impact.

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PoliticsWorld

The Better Storyteller Wins the War: Taboo in the Arms of Propaganda

The most famous historical facts of mass sexual crimes are connected in the minds of ordinary people with the image of Nazis during World War 2, with the Japanese militarists who carried out the Nanjing Massacre or with the genocide of the population during the civil war in Rwanda. However, let’s put this theme in the context of the continuing war in Ukraine. 

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PoliticsWorld

ASEAN’s Foreign Policy: Managing The Great Power Politics

ASEAN is likely to be the driver of economic growth in the imminent future. While a number of ASEAN member states have stated that they do not subscribe to the US vision of the Free and Open Indo-Pacific, they are also aware of China’s increasingly expansionist tendencies and its aggressive stance over the South China Sea Issue. While ASEAN has numerous opportunities, it needs to ensure that differences within the bloc do not impact its functioning.

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PoliticsWorld

Pakistan’s China-USA Policy: De-hyphenation or Zero Sum?

In order to put its economy back on the rails, Pakistan needs to maintain good relations not just with China, but also put its bilateral ties with the US back on the rails. Given the deterioration in Washington-Beijing ties, it remains to be seen if Islamabad can manage the same. While Pakistan, like many other countries, has said that it does not want to be pushed into making any choices, it remains to be seen whether this will be possible in the changing geopolitical landscape.

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BusinessPoliticsPublic PolicyWorld

The Rise of Paradiplomacy: Harnessing Odisha’s ASEAN Connect to Attract Investment

There has been a paradigm shift in practices of wooing investors for boosting the economy. States have been attempting through special summits. Indonesia and Odisha have shared historical links. Every year in November, the festival of ‘Bali Yatra’ celebrated commemorates the maritime history of Odisha and Bali (Indonesia). In this regard, India’s outreach and connectivity vis-à-vis ASEAN should focus on harnessing the historical linkages and geographical advantages which states possess with respect to the ASEAN region.

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Editor's PickPoliticsWorld

Saudi Arabia and UAE: Playing the Balancing Act

Two Gulf countries – Saudi Arabia and United Arab Emirates (UAE) – have re-oriented their external relations significantly in recent years. The improvement in ties between both these Gulf countries, especially UAE, and Israel is a strong reiteration of the same. UAE along with Bahrain, Morocco and Sudan normalised ties with Israel via the Abraham accords signed in 2020. Even at a global level, not just the Middle East, both Saudi Arabia and UAE are trying to re-position their foreign policy. One important change has been the strengthening of UAE-China and Saudi Arabia-China relations, much to the discomfort of the US.

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World

Nepal: Semantics of Judiciary – To Be Just, Not Unjust

Judiciary faces a challenge to its independence, impartiality, autonomy, and fairness. It is to be just and not unjust; the judiciary has to be cognizant of the constitution. Parliamentary impeachment of chief justice cases triggered after the 2007 Constitution of Nepal and a political role of Chief Justice becoming Interim Chief Executive to conduct Constituent Assembly Elections in 2013 are clear examples of why the judiciary is mired in political changes and the political subjects of interpretation of the provisions of the Constitution. Judicial review and legal activism are the domain of the Courts, and the judiciary in Nepal is the medium for monitoring, enforcing and resolving these constitutional and legal issues. In Nepal, the judiciary is a resort to observe, abide and pursue these two judicial service deliveries among many tasks to make our society just and democratic. Criticisms are rife over the conduct of justices in Nepal and it is a serious matter that needs to be paid adequate attention by those who would like to realize that justice prevails over injustice or truth prevails over falsity, or honesty/integrity prevails over vices/manipulations.

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PoliticsPublic PolicyWorld

Nepal at UN: A Perspective

Nepal’s membership in the United Nations has passed 67 years since its accession in 1955. Nepal provides the second largest peacekeeping contingent under the Blue Berets of the UN. Nepal espouses norms and values of world peace and follows international law. But sanctity of Nepal’s sovereignty must not be compromised. The world community at UN gatherings has to listen to countries – not only the powerful but also the powerless, not only the great but also the small, not only the loud but also the feeble.

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DefenceEditor's PickPoliticsWorld

Japan, The Land of Rising Militarism

By 2028, the military budget of the Land of the Rising Sun will exceed $80 billion. The Russian-Ukrainian crisis, the rising tensions around Taiwan, and North Korea’s continued missile tests are all reasons for the drastic increase in Japan’s defence spending. Its defence ministry is now considering the prospect of purchasing new weapons: advanced missiles and air defence systems capable of intercepting rockets launched from China and North Korea, including hypersonic missiles.

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Editor's PickPoliticsSci-TechWorld

The Chip War: US Restrictions, China’s Ambitions and the Semiconductor Industry

Semiconductor chips form a very crucial part of the technological and strategic competition between the US and China. The disruptions in the supply and value chain due to the pandemic and trade tensions with China have brought out the significance of semiconductor chips. These are crucial for technological progress and responsible for the country’s growth as an economic power. The present article looks at the present US-China tensions and the implications of such spillover on the semiconductor ecosystem.

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PoliticsWorld

China’s Perspective on the US Indo-Pacific Strategy: A Scholarly View

With the adoption of the Indo-Pacific concept vis-à-vis Asia-Pacific, many Chinese scholars and strategists have been alarmed. The development shows inefficiency in the US to protect its interests worldwide causing friction with China. These scholars argue the Indo-Pacific strategy of the US being directed against China and meant to develop an exclusive regional block. Once it’s implemented, the strategy will challenge China’s BRI and global position. In such a situation, Chinese scholars argue that the peace and stability and China’s rise have been impacted and undermined to protect the US interests and position in the region.

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PoliticsWorld

Ramifications of the Russia-Ukraine War Within America

Russia’s unprovoked war in Ukraine has shocked the world, producing an unprecedented opportunity for the Biden administration to use global public opinion, primarily in the West, to buttress the solidarity between the United States, NATO, and EU against Russia, its long-term adversary. Biden knows that the November midterm elections will determine his political standing and the war’s course. Most importantly, the economic and financial tools available, especially the sanctions regime, are going to become more important as the war grudges on into a stalemate of sorts, with no clear winners on either side.

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PoliticsWorld

Fallout of Pelosi’s Visit to Taiwan: Increased Regional Tension

In the latest eruption of regional tensions, China announced a resumption of military exercises around Taiwan which seems to be the fallout of the Pelosi visit to Taiwan. The American response is inadequate to the exigency of the threat as it does not project strength anymore. The pivot approach of the United States towards Asia will now become a reality. Any war is going to devastate the global supply chains, already encountering interruptions and insecurity.

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PoliticsWorld

India and Uruguay: Taking the Trade to New Heights

The relationship between India and Uruguay is amicable and cordial. In 1960, diplomatic relations were established. The two nations have consistently supported one another in international forums. Uruguay supported India’s bid to get elected to the United Nations Human Rights Council for the 2015–2017 term. Both nations are members of the Group of 77 and possess strategic significance. This article describes the significant developments in trade and commerce and how they will lead to new heights.

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Editor's PickPoliticsWorld

I2U2 and its Significance in the Indo-Pacific Region

The arrival of the I2U2 as a quadrilateral security structure in West Asia will act as a strategic group. Coupled with QUAD and the AUKUS, it will strengthen the position of the West in the Indo-Pacific Region. As the I2U2 focuses on the strategic concerns in West Asia as a geopolitical shift is taking place in the Western Indian Ocean, it will become a feature of the broader region with greater implications. I2U2 provides the opportunity for its members to collaborate and assist one another in six key areas. Being an economic group, it addresses the vacuum in West Asia and allows the Middle Eastern countries to view it as an alternative. With the smooth access and supply of oil being a prime aim across the world, the development of a security net under I2U2 will ensure peace and stability in the region.

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DefenceEditor's PickPoliticsWorld

Crossing China’s Red Line: Pelosi’s Taiwan Visit on the Cards and Challenges Ahead

Recently leaked information regarding the possible visit of Nancy Pelosi, Speaker of the United States House of Representatives, to Taiwan in August created a diplomatic row between the US and China, pushing China to object to such a visit strongly. Pelosi is a long-time critic of China. Newt Gingrich was the last US Speaker to visit Taiwan, 25 years ago. With August being critical for President Xi Jinping’s leadership, it coincides with the Biden-Xi virtual summit. Although a statement from President Biden regarding the visit is concerning for the US-Taiwan ties, the visit being called off will only convince China that its deterrence worked and will strengthen its position over the Taiwan Issue.

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DefenceEditor's PickIndiaWorld

The Significance of Neutrality for Ukraine

Considering the long history of Ukraine and Russia, the recent Russian invasion of Ukraine factored in Kyiv’s desire to join NATO, bringing NATO close to Russian borders. The desire to join NATO not only extended the conflict, which stretched to more than 100 days, but it also caused one of the major humanitarian crises in recent times. With the West continuing to aid Ukraine through military aid, the relevance of Ukraine adopting neutrality still stands valid, as Russia continues to occupy more Ukrainian territory with no scope of peace in the forefront.

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EconomyEditor's PickWorld

Catastrophic Consequences of the Conflict

The ongoing Russia-Ukraine conflict has had a long history and with threat perceptions on both sides. However, the conflicts and wars benefit only a few, and that too in the short term. The world must work together to end this crisis at the earliest. Or else, its cascading effect might push the whole world into an abyss from where the recovery would become extremely difficult. The underdeveloped and the developing world are likely to be the worst affected and they all must come together to pitch for peace.

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PoliticsWorld

Blinken-Zardari Meet: A Tightrope for Pakistan with USA and China

During the May 18 meeting, both Blinken and Bilawal Bhutto Zardari focused on strengthening not just US-Pakistan security ties but also economic linkages. The US could nudge IMF towards imposing less stringent conditionalities on Pakistan in order to prevent political instability. The US remains an important destination for Pakistani exports and this is one of the reasons why the business community in Pakistan, along with the Pakistan army as well as the political class, was not particularly comfortable with former PM Imran Khan’s rhetoric against the West, in general, and the US, in particular. There is a growing realization in Pakistan that while ties with Beijing may be important, it can not afford to allow relations with the US to deteriorate any further.

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Editor's PickPoliticsWorld

Decoding China’s Hegemony in Indo-Pacific Region and Its Repercussions

The Chinese economy is faltering, the business sector is more indebted than ever, the fertility rate (1.702) remains below replacement level, the population is ageing, and the benefit of cheap labour is eroding. China’s debt-to-GDP ratio (US$27 trillion) is 159 percent. However, China’s objective has been to reclaim its former glory by controlling Asia in the short term and the rest of the globe in the long run. The Russian invasion of Ukraine and the western world’s response have introduced a new dimension to the Indo-Pacific power struggle. China may be emboldened by the western world’s reluctance to intervene directly in the Ukrainian situation. India would need to tread carefully and traverse the rough waters in this new geopolitical context.China’s rise will continue to be a source of contention for states in the Indo-Pacific and beyond.

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DefenceEditor's PickPoliticsWorld

Defence Sector During Russia-Ukraine Crisis: Implications for India

Although several developed countries might propagate the idea that the conflicts and wars bring misery to humanity at large, they promote the idea of defence preparedness as a means and instrument of deterrence, and this ensures that their interests are served even during good times. Russia’s invasion of Ukraine has created all the needed threat perception amongst many a country to cause the global armament exports to flourish. Will the geopolitics permit, promote, and support India to capitalize on this export opportunity, or would it be prevented from doing so? 

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Editor's PickWorld

Political Turmoil and Strained Ties with the West: A Double Whammy for Pakistan’s Economy

Apart from Pakistan’s army and opposition political outfits, the business lobbies in Pakistan have been flagging the point that strained ties with the US and the EU will have an adverse impact on Pakistan’s economy. While the Pakistan Army Chief, Gen. Qamar Javed Bajwa, had alluded to the importance of Pakistan’s ties with the US in his address on April 2, 2022, Pakistan’s business has expressed its apprehensions with regard to the current political situation and the potential souring of ties with the West, in general, and the US, in particular. The current economic crisis in Sri Lanka also underscores the pitfalls of being excessively dependent upon China and the need for an astute foreign policy.

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EconomyEditor's PickWorld

Alternative to SWIFT: Russia-Ukraine War Highlights the Urgency

The financial warfare against Russia, inter alia, has cut off Russian banks from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) thereby blocking Russia from rapid money transfers internationally. Even though SWIFT accounts for no more than 1 percent of the transactions involving Russian entities and payments, the ban may potentially disrupt its trade in energy and agricultural produce as well as Foreign Direct Investment (FDI) and Foreign Institutional Investors (FII). In totality, the sanctions against Russia may shrink its economy by 5 percent. The current crisis has made many countries of the world think of developing alternative payment systems and capabilities. This would be a challenging task as the alternative to SWIFT would work only when a larger number of countries become willing to cooperate and agree to become a part of the alternative network.

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Editor's PickWorld

Decoding the Objectives of FM Wang Yi’s Visit to India

The visit to India of Wang Yi, China’s foreign minister and State Councillor, which was kept secret until he arrived in New Delhi following visits to Pakistan and Afghanistan, had multiple objectives. China appeared to have attempted to advance its agenda in this region in light of the larger objective in the South China Sea, after assessing the geopolitical changes resulting from the Russia-Ukraine conflict. Unfortunately for Wang, Indian National Security Advisor Ajit Doval and Foreign Minister Jaishankar made it abundantly clear to him that normal relations between the two countries are impossible until the border situation improves. Wang, as is customary in Chinese diplomacy, used subtly disguised concepts to argue that normalization of relations between the two countries should take precedence and that the border issue should be placed in an appropriate position—that is, given no weight.

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EconomyEditor's PickWorld

Russia-Ukraine Conflict: Impact on Global Flow of Funds

The Russia-Ukraine conflict can intensify the already shaken economic conditions created by COVID-19 as inflationary pressures might have an effect on many countries. Investors in Central and Eastern Europe are cautious with their investments. As per an IMF report, the sanctions imposed against Russia will impact the global economy. It clearly seems to have already affected FDI and portfolio investment in many countries, including India. For the sixth month in a row, foreign portfolio investors (FPIs) were net sellers in February, selling shares worth $4.9 billion. It was also the most shares sold by FPIs since the epidemic began in March 2020, when they sold $8.3 billion worth of stock. The Union Finance Minister of India had stated that the Russia-Ukraine conflict and surge in crude oil prices pose risk to the financial stability of the country.

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PoliticsWorld

International Relations: Beyond the Prism of ‘Isms’

The follies of international relations compel us to see beyond the prism of ‘isms’ to save generations in the quest for sanity and humanity. This pitch dwells on the salient glimpses of discursive disciplinary symptoms in International Relations wherein ideologies are emanating from diverse ‘isms’. Multiple ‘isms’ are replete with their framework of ideas to underpin principles chosen in praxis. An evolution, growth and development in IR rely on trendsetting discourse and rhetoric revelation.

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PoliticsWorld

Russia-Ukraine Crisis: A Big Boost for Iranian Economy?

While analysts focus on wrangling between great powers, the economic and geopolitical relevance of countries like Iran often gets relegated to the sidelines. The revival of the JCPOA, and closer economic ties between Tehran and the West, especially the purchase of Iranian oil by the US and other western countries, could actually result in Tehran re-orienting its foreign policy. If Iran and other signatories do manage to come up with an agreement, Iran’s sagging economy could get a big boost.

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EconomyEditor's PickWorld

Bracing for the Changing Geopolitics: Ukraine Crisis and Energy Security in India

As Russian troops reach Kyiv, the capital of Ukraine, the Brent crude prices have already touched $110 a barrel, a level that was breached 8 years ago in 2014. The moot question, therefore, is, whether or not India was ready to anticipate and handle the consequences arising out of such a crisis with minimal disruptions. Taxes on petroleum, today, may be a major source of revenue but is also vulnerable to volatility impelling upon the need to look for an alternative but stable source of revenue to the government.

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Editor's PickPoliticsSportsWorld

Political Controversies at Beijing 2022 Olympics

The 2022 Winter Olympics concluded recently in Beijing. What made the 2022 Winter Games stand out was that the political aspect of the games was talked about exponentially more than the sporting aspects. The 2022 Beijing Olympics might have been the most tainted game in the history of the Winter edition. There was already a trend of increasing controversies and the political nature of the competition, but the latest set of events in China might have set the tone for years to come. Politicization, environmental problems, doping, decreasing viewership, fewer hosting candidates, increasing criticism, and many more problems cloud the future of the world’s oldest and grandest sporting phenomenon.

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Editor's PickPoliticsWorld

The Lessons for Taiwan from Russia-Ukraine Conflict

Against the backdrop of the ongoing Russia-Ukraine Conflict, there is an increasing suspicion that Beijing would follow Moscow’s lead and attempt to conquer Taiwan militarily. Ukraine’s experience should instil a stronger sense of urgency in Taiwan regarding the need to overcome bureaucratic and partisan impediments to coalescing around a military plan that is fit for Taiwan’s security environment and resource restrictions. This is an opportunity for Taiwan’s current and future leaders to instil confidence in the country’s future.

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Editor's PickPoliticsWorld

Russia-Ukraine Crisis: The Impact on India

The ongoing Ukraine Crisis has transported India back to the Cold War era when it was expected to choose a side. However, given India’s growing stature in international affairs and its dynamics with the two countries, maintaining the same strategic autonomy as last time will be nearly impossible. While a Russia-China-India axis in the present scenario is next to impossible, jumping on the Washington wagon has its own set of ill consequences for India vis-à-vis Moscow. It is in India’s best interests for the Ukraine crisis to be de-escalated as soon as possible.

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Editor's PickPoliticsSportsWorld

Olympics and International Relations: Uncovering an Intertwined Relationship

*This is Part Two of the Two-Part Article Series on the Olympics and International Politics.* The Olympics are more than just a stage for international politics. They are a true reflection of the world order and what goes on in it. Hosting an edition of the Olympics is the most beneficial way of gaining soft power for any country. During the Cold War, the Olympics was not only a competition for power and a symbol of pride for the two countries, but also a representation of their global dominance. While the Olympics have been the victim of international political impact multiple times throughout their history, they keep showing their ability to overcome those challenges and continue to bring the international community together to promote sports with the objective of peace.

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