The US-China trade war and the recent freezing of much of Russia’s official foreign-exchange reserves have again raised fears of an exodus from the dollar. But no one should write the greenback’s obituary just yet. Read More Here
Impacts will flow through three main channels. One, higher prices for commodities like food and energy will push up inflation further, in turn eroding the value of incomes and weighing on demand. Two, neighboring economies in particular will grapple with disrupted trade, supply chains, and remittances as well as an historic surge in refugee flows. […]
A recent flurry of diplomatic activity has seen Beijing reach out to Southeast Asia and India as it opens to benefit from concerns over sanctions on Russia, but observers warn that although this presents an opportunity to counter Washington’s Indo-Pacific strategy, ongoing tensions remain. Read More Here
The typical Western view of India’s reluctance to slam Russia hard for its invasion of Ukraine is riddled with problems emanating from the lopsided understanding of India’s perspective of the world. The way New Delhi looks at the world — given its past non-aligned point of view — is a result of centuries of learning. […]
Far from being in an unenviable bind, New Delhi now looks well placed to leverage its position in the middle for its own benefit in the short and long term. Read More Here
How can the U.N. survive when one permanent member of the Security Council, charged with maintaining peace and security among countries, is the initiator of a war of aggression? The short answer is that it can’t in its current form. Read More Here
Chinese President Xi JInping urges EU leaders not to ‘tie the world’ to the conflict and warns that spillover effects could set back decades of international cooperation while European leaders ask Beijing not to ‘interfere’ with sanctions on Russia and say ‘clearly opposing’ views on the conflict were expressed. Read More Here
India’s stance on the Ukraine war reflects the tremendous domestic public support that Russia enjoys compared to the United States, a reality that Washington has seemingly yet to grasp. The public evocation of collective memory, connecting India’s past disenchantment with the U.S to the present, is glaringly evident in discussions on social media. Read More Here
Even more than the Emiratis, the Saudis hold the key to oil wells and expect big concessions from the United States before opening their taps and reversing their pro-Russia oil policy. Read More Here
While the U.S. and Europe are congratulating themselves over the speed and effectiveness of sanctions against Russia, many Indians decry their hypocrisy and unilateralism. Read More Here
looking beyond borders 