War also on the Economic Front: Implications
If de-dollarization occurs, the impact will be felt wide and far. Severe sanctions are a double-edged sword which will impact every nation.
If de-dollarization occurs, the impact will be felt wide and far. Severe sanctions are a double-edged sword which will impact every nation.
Russia-Ukraine war is touching everyone in different ways as the already stressed global world order goes through a premediated churn. As if the COVID-19 pandemic was not enough, geopolitics between Moscow and Washington has begun to impact ordinary lives in myriad ways as the prices and uncertainty of energy, oil and gas, wheat and food products are hitting the roof. As the Trans-Atlantic alliance has woken up from being ‘brain dead, the Sino-Russian axis is tying the knot even more strongly.
T K Arun The world recognises India’s potential to emerge as a countervailing force vis-à-vis China, not…