Tag USA

Houthi Challenges and Global Concerns in the Red Sea

Houthi Challenges and Global Concerns in the Red Sea

While efforts are being made to ensure freedom of navigation, the hotspots in the region, including in Gaza and Yemen and the civilian and humanitarian strife which can spiral out of control, need to be addressed on global priority. The Red Sea, with its strategic maritime routes, is an important artery for trade and sea borne traffic as well as for the choke points in the Bab-El Mandab which needs to be kept open.
Unravelling Democracy: Trump’s Legal Turmoil and its Impact

Unravelling Democracy: Trump’s Legal Turmoil and its Impact

These are surreal times in the US. Even as the political system is gearing up for next year’s Presidential elections, the legal drama being played out in various courtrooms is shaping the political dynamic more potently than political debates. In fact, politics has been subsumed by the legal issues surrounding key political actors, most importantly, former US President Donald Trump.
Unravelling Opportunities Exploring Hotspots in the Middle East

Unravelling Opportunities: Exploring Hotspots in the Middle East

West Asia's strategic landscape is riddled with geo-political, geo-economic, and geo-religious contests, making it a hub for global hotspots like Palestine, Libya, Yemen, Syria, and Iraq. The region is affected by internal conflicts, foreign interventions, and competition among powers such as Saudi Arabia, Iran, and superpowers like the US. However, the area is witnessing certain positive socio-economic changes and attempts for rapprochement among countries. Amidst the complex regional dynamics, the role of China and Russia is expanding, potentially leading to further competition and destabilization.
De-Dollarization: Unveiling India’s Growing Influence in Global Trade

De-Dollarization: Unveiling India’s Growing Influence in Global Trade

De-dollarization, a term relatively unfamiliar until the early 21st century, refers to the gradual move away from the US dollar as the global reserve currency. The term encapsulates the efforts of several nations aiming to reduce their dependency on the dollar for international trade and financial transactions. Simultaneously, it involves a shift towards other currencies or the creation of new payment mechanisms independent of the dollar. The journey of de-dollarization offers a variety of implications for different nations, with India's role in the global currency trade taking a unique stance.
India-US tie up induced by Indian polity and China

India-US tie up induced by Indian polity and China

In diplomacy, optics matter, sometimes conveying the essence of a relationship to a varied audience in a manner that is often not possible by the more esoteric diplomatese embedded in joint statements and official remarks. All high-level foreign policy engagements are curated and carry with them a dose of theatre but as the dust settles, some become part of history and others are consigned to the dustbins of history. Now that the instant commentary on Prime Minister Narendra Modi's US visit has been sufficiently generated, one can take a step back and assess the purpose behind the diplomatic choreography of last week in a manner that can do justice to this remarkable turn in India-US ties.
The US Dollar's Enduring Strength: Separating Fact from Fiction

The US Dollar’s Enduring Strength: Separating Fact from Fiction

Recently, numerous articles have been written on the demise of the dollar. The argument is that China, the second largest economy after the US, is increasingly convincing the world’s largest suppliers of energy, including Russia, Saudi Arabia, Iran, and Venezuela, to trade in Chinese yuan. This, according to the commentators, will usher in the demise of the ‘petrodollar’. It would then be a matter of time before the US economy crumbles, they argue.