World stock markets plunged on Monday, after a near 9 percent dive in China shares and a sharp drop in the dollar and major commodities sent investors rushing for the exits. After dropping more than 1,000 points, or almost 7 percent, at Wall Street’s open, the Dow Jones industrial average eased losses but was still off […]
Nobody but nobody doubted where Nawaz stood on India. The only difference opinion-wise lay in whether he was viewed sympathetically or somewhat derisively for still, in a third stint, being unable to wrest any space from the boys. So Nawaz had two options: either split the difference between Modi and the boys in Ufa or wait […]
It was a brilliant stroke in 1971, when Nixon and Kissinger took advantage of China’s fears of the USSR with the historic U.S. opening to China. That chess move created a strategic triangle with the United States in the catbird seat and turned ideology on its head, dividing the two communist regimes. Now amid a […]
Maturity is the need of the hour in Pakistan’s foreign policy, as a thaw with Iran opens up opportunities to the west, and the possibility of building an economic partnership with India to the east — however remote it might seem at the moment — remains a viable foreign policy goal. It’s time to emerge […]
The eventual lifting of U.S. and international sanctions on Iran will allow for the Islamabad-Tehran relationship to be increasingly driven by economic and geographic realities, rather than the interests of exogenous actors. Pakistan and Iran are neighbors. Pakistan is a net-energy importer. Iran is a net-energy exporter. Read Here – The Diplomat
Ranil Wickremesinghe, who is poised to become the new Prime Minister of Sri Lanka, is seen by New Delhi as a more trustworthy partner in the neighbourhood than former president Mahinda Rajapaksa. Read Here – The Indian Express
Narendra Modi’s ‘Look West’ Policy, unveiled in the India-UAE Joint statement, will succeed because West Asia is ‘looking East’ worried about the emerging strategic instability in its own neighbourhood and the structural shift in the global energy market, writes Sanjaya Baru Read Here – The Hindu
At the end of the day, no swing producer controls the fate of today’s oil prices. A sustained price recovery requires a healthier global economy that combines faster inclusive growth and greater financial stability. And this will not occur quickly, especially given the policy shortcomings in both advanced and emerging countries. Read Here – Project […]
If you think Federal Reserve Chair Janet Yellen is stressed, spare a thought for Agus Martowardojo. On Tuesday, the governor of Indonesia’s central bank had to choose between cutting interest rates to support growth or hiking them to prop up his currency. He ultimately decided to split the difference and do nothing. Martowardojo’s dilemma is emblematic of […]
India has enjoyed substantial regional influence across South Asia due to its size, comparative economic might, and historical and cultural relevance to the region. China’s history of involvement in South Asia is limited in comparison, though its long-standing ties to Pakistan are a notable exception. But over the past decade, China has become a significant […]
