Under Rahul Gandhi’s inspired leadership, the Congress has officially entered the Zombie zone, turning itself into the living dead. The party has retaken Himachal Pradesh and some Muslim-dominated wards in Delhi. It is winning a by-election in Chhattisgarh, as well. Sure, these signs of life matter.
China will exit Zero Covid and freezing Europe will force Ukraine to sue for peace.
In Europe, where anger against high prices has triggered political upheavals, leading to the mainstreaming of right-wing politics in Italy, Sweden, and France, strikes for higher wages that promise to entrench inflation and depress growth, and persistent demands for fuel subsidies. This spells the beginning of the end of the war in Ukraine.
The sensible thing for India to do is to keep buying Russian crude, set up a BRICS Re to offer reinsurance to those who insure the safe passage of Russian crude without price caps to wherever it is welcome, and to keep engaging both sides in the Ukraine war