For Pakistan, it is a perfect storm. At the end of Pakistan’s fiscal year on June 30, 2022, its trade deficit neared $50 billion, a 57 percent increase over the previous year. Had the Shehbaz Sharif government not banned the import of more than 800 non-essential luxury items in May 2022, the figure might have […]
Lenin envisioned Soviet unity. Stalin called Russia ‘first among equals’. Yet Russian nationalism never went away. Read More Here
Today’s global energy crisis could turn out to be even worse than what the world experienced in the 1970s. Much will depend on more informed collaboration between governments and industry leaders, with policymakers properly understanding and managing the energy flows on which modern economies depend. Read More Here
The Taliban’s nascent rapprochement with New Delhi portends a stunning shift in regional dynamics, as stronger ties with India could eventually allow Afghanistan’s Taliban-led government to distance itself from Pakistan. Read More Here
The leading nations of the developing world not only do not want to have to choose sides in a new cold war but also—much more important—do not feel that they have to. Read More Here
The belief that expanding defense budgets will necessarily help safeguard the world is both flawed and dangerous. Rather than deterring violence, rising military spending can contribute to a more fraught and explosive international system. Read More Here
Nations do not prevail in enduring competitions chiefly by acquiring superior technological or military capabilities or even by imposing their will in every crisis or war. Read More Here
By clinging on through scandal after scandal, UK Prime Minister Boris Johnson has certainly demonstrated the power of positive thinking. But the problem with “Prozac leadership,” as some researchers call it, is that it can take a politician – and a country – only so far before reality reasserts itself. Read More Here Also Read: […]
As President Joe Biden prepares to travel to the Middle East, his administration faces several challenges in its relations with Israel, Saudi Arabia, and other regional (non-treaty) allies. Read More Here
The crisis triggered a wave of structural reforms that undoubtedly strengthened East Asian economies to the point where they were relatively unaffected by the Great Recession in 2008 and 2009 great financial recession. Read More Here
looking beyond borders 