In the current scenario, the severe economic disruption across the globe as a result of declining GDP growth, rising interest rates, soaring debt and the lack of healthy competition clearly indicates the future economic shock. In my opinion, the 2008 global financial meltdown was just a calm before the storm because the real economic crisis of our age is approaching at faster pace.
According to the great military thinker, Maj. Gen. J.F.C. Fuller, ‘the object of war is not victory. It is to achieve political goals.’ Too bad President Donald Trump does not read books. He has started economic wars against China, Russia, Iran, Cuba and Venezuela without any clear strategic objective beyond […]
My father, a New York financier, used to call dubious stocks or bonds, “Chinese paper.” Last week, we saw a blizzard of Chinese paper, both in China and around the world. As manager of a sizeable investment portfolio (an unwelcome second job from my main work, journalism), I watched last […]
From all accounts, Tehran is struggling to cope with the startling news in the weekend from the G7 summit at Biarritz that a meeting between the presidents of the US and Iran is to be expected in the “coming weeks”. The cautiously optimistic tone struck by the French President Emmanuel […]
The type of repression China imposed on Tibet and Muslim regions could be repeated in Hong Kong. There is absolutely nothing any of the world’s powers can do about it. China will then turn its attention to ‘renegade province’ Taiwan.
Australia has always nursed a contradictory, repressive relationship with its Pacific neighbours. Being a satrap of great powers, it has performed the role of gate keeper and monitor of regional instability, a condescending, often paternalistic agent. At stages, it has also entertained more direct colonial interests. For almost seven decades, […]
The Indian narrative so far is largely focused on the domestic audience. It has gone to ridiculous extents by projecting that the situation is actually quite “normal” in J&K. Crude propaganda won’t win hearts and minds. A narrative has to be crafted rationally. It’s common knowledge that there is little acceptance of the government move among Kashmiri Muslims.
The Russian Foreign Ministry spokesperson Maria Zakharova said in Moscow on Friday that Russia and China should exchange information on the US interference in their internal affairs. The two countries have been in consultation and wanted the rest of the world to know. The message is of epochal significance.
The blinkered security establishment is standard fare in politics. From Washington to Manila, we hear of terrors and concerns which tend to more spectral than not. Legitimate concerns such as catastrophic environmental failure, or a nuclear accident, are treated with a sigh, its warners doomsday advocates rather than reasoned citizens. […]
The Green New Deal is nothing other than a new form of eugenics masquerading as a socially conscious reform of the system. The fact is that not only is this Green New Deal NOT green (as a world covered by solar panels would increase desertification of the earth through heating), but has no connection to the true New Deal.
Last month’s Japanese elections saw Prime Minister Abe’s ruling bloc lose its two-thirds parliamentary supermajority needed to change the country’s pacifist constitution, which could seriously slow down the US’ “Indo-Pacific” strategy, especially regarding the formation of an anti-Iranian naval coalition in the Gulf and the possible military expansion of the […]
The 50th anniversary of mankind’s first landing on the moon on July 20, 1969 has created an opportunity to rethink some of the fateful decisions that set western society onto a trajectory of zero-technological growth and mindless consumerism in the early 1970s. Rather than speed up the momentum of ambitious […]