Brics is a nebulous entity. This has proved beneficial for member countries hosting Brics summits. They get to set the agenda and use it for their ends – without upsetting the consensus. One common pattern has been the use of summits to set overarching themes that are favourable to the host country’s domestic policy and regional leadership or foreign policy stance.
View More Brics expansion: six more nations are set to join – what they’re buying into
The economic advantages of oil palm cultivation are publicised without warnings about changes in land tenure, the environmental impacts, labour costs, the use of chemicals and the depletion of water resources, and the fact that oil palm is simply unsuited to Northeast India’s terrain, climate, ecology, available infrastructure, and the culture of the region.
By Rupa Chinai & Dr. Ravi Chellam
View More Expansion of Oil Palm plantations in Northeast India: a disaster in the making
Where is the global economy heading in 2023? After all the challenges of last year, it’s a question we ask with trepidation. Just as the economy was dealing with the ongoing effects of the COVID-19 pandemic, Russia’s invasion of Ukraine in February ramped up inflation. The outlook for inflation is highly uncertain. And fears of 1970s-style stagflation – high inflation and stagnant economic growth – could become a reality, writes Steve Schifferes.
View More Global economy 2023: Why central banks face an epic battle against inflation amid political obstacles
The first COMAC C919 has been delivered to China Eastern and will begin commercial operations soon. While the ramp-up will be gradual, COMAC now has orders from Chinese airlines and leasing companies for over 1,100 C919 aircraft. For the West, this means 1,100 aircraft that Boeing or Airbus will not produce, worth roughly $100 billion at list prices. Read More…
By ICNA
View More Insight: The COMAC C919 is a Game Changer | West vs China
Fifa’s choice of Qatar as host of the 2022 men’s football World Cup has been controversial since day one. Questions continue to be raised about the nation’s attitude to human rights, and its treatment of migrant workers, writes Argyro Elisavet Manoli
View More World Cup 2022: Qatar is accused of ‘sportswashing’ but do the fans really care?
Luiz Inacio Lula da Silva has achieved a remarkable political comeback by regaining the presidency of Brazil, however, victorious Lula faces an uphill struggle – a damaged economy and a deeply divided country.
View More Brazil election: victorious Lula faces an uphill struggle
The European Union has just approved new sanctions against Russia, including a price cap on oil sales, following the United States’ Sept. 30 announcement of new economic sanctions. Both announcements are in response to Russia’s annexation of four regions of Ukraine. However, because there are still countries willing to purchase Russia’s petroleum products, sanctions are increasing Russia’s revenue, not decreasing it.
By Noha Razek and Brian McQuinn
View More Sanctions on Russia are increasing, not decreasing, its revenue
India and Pakistan inherited the same economic legacy of underinvestment and neglect from Britain when they became independent states following the Partition on Aug. 15, 1947. Their colonial economies were among the poorest in the world. As a scholar of international political economy, I believe India’s stronger embrace of democracy – at the same time that Pakistan experienced frequent military dictatorships and changes in government – has a lot to do with it, writes Surupa Gupta.
By Surupa Gupta
View More India’s economy has outpaced Pakistan’s handily since Partition in 1947 – politics explains whyYou cannot copy content of this page