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By Amiad Horowitz A new chapter in the modern history of the Middle East is beginning, and what’s most significant about it is the dwindling influence of the United States. Back in March, the People’s Republic of China helped broker a groundbreaking diplomatic rapprochement between the Kingdom of Saudi Arabia and the Islamic Republic of […]

The post Middle East Nations Are Distancing From Washington’s Diplomatic Moves first appeared on IPA Newspack.

By Nantoo Banerjee The government and the Reserve Bank may disagree, but the way the country’s trade deficits and external debt are rising it may be a matter of time before India goes for another IMF-World Bank bail out. The current indicators on the two counts are hardly comfortable. Take the debt position first. The […]

The post India’s Growing Trade Deficit And Debt Burden Are A Matter Of Concern first appeared on IPA Newspack.

Jammu and Kashmir will host the third tourism working group meeting of G20 countries in capital Srinagar from today amid tight security. This is the first such international event in the region after Centre revoked Jammu and Kashmir’s special status and stripped of its statehood in August 2019. A glittering facelift has been given to […]

The post Security tightened ahead of G20 meet in Srinagar first appeared on IPA Newspack.

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By Dr. Gyan Pathak India is being denounced by trade unions across the G20 economies for government’s decision to block participation of independent trade unions in G20 meeting, including L20 meeting on labour and G20 Energy Transition Working Group (ETWG), which is resulting in worker’s voices going unrepresented. While the government-backed BMS will hold sham […]

The post India Denounced For Blocking Independent Trade Unions At G20 Meetings first appeared on IPA Newspack.

By P. Sudhir The Quad, consisting of four countries, the United States, Japan, Australia and India is gradually taking the shape of a security alliance which was the intent of the original name of the grouping – the Quadrilateral Security Dialogue. The security angle was highlighted by the recent meeting of the military chiefs of […]

The post Quad Is A US Led Security Alliance Aimed To Counter China In Asia-Pacific first appeared on IPA Newspack.

By James M Dorsey With Saudi-hosted talks to end Sudan fighting producing minimal results and Arab states supporting rival forces, de-escalation in the Middle East faces a major test. So does Gulf states’ ability to employ dollar diplomacy to persuade poorer Arab brethren to align with the policies of countries like Saudi Arabia and the […]

The post Sudan Tests The Limits Of Middle Eastern De-Escalation, Dollar Diplomacy first appeared on IPA Newspack.

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By K Raveendran Contrary to what is considered to be the general perception, post-millennial Gen Z-ers, meaning those who are aged between eight and 23 years, are more likely than other generations to cite negative feelings about social media. They are also more likely to report having poor mental health. These are among the findings […]

The post Gen-Z More Aware Of Negative Aspects Of Social Media Platforms Than Other Generations first appeared on IPA Newspack.

By Subrata Majumder Concerns loomed large on India’s neutral stand on Russian invasion of Ukraine for its separation from the US led global market and eventually backlash on its growth. In contrast, the situation took a reverse gear. India, not only sustained the growth, but is expecting the hegemony in the global growth in 2023. […]

The post India’s Neutral Position In Ukraine War Was A Boost To The Economy In 2022-23 first appeared on IPA Newspack.

Matein Khalid I have been fascinated by the global commodities markets ever since I lost a semester’s tuition at Penn trading silver futures at EF Hutton. Family folklore tells me that my ancestral clan traded physical commodities in British India for generations and the Great Depression plus General Yamashita’s assault of Fortress Singapore devastated my paternal grandfather’s godown/inventory, though cousins in Paris and Dubai are still among […]

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By K Raveendran The decision by the Union government to tie local gas prices to international prices comes at a time when global prices are on a downward trend and this is great news for consumers who have hitherto been at the receiving end of higher prices as well as their administration. Under the new […]

The post New Pricing Mechanism, Market Downtrend Bring Big Relief To Gas Consumers first appeared on IPA Newspack.

By K Raveendran A reported impasse in the use of rupee for trade between India and Russia is seen more as posturing rather than a failure of the arrangement as both sides cannot manage without each other in the context of the prevailing global political situation. There have been reports that India and Russia have […]

The post Trouble In India, Russia Talks On Rupee Trade Mostly The Result Of Posturing first appeared on IPA Newspack.

By Subrata Majumder A new landscape in currency dominance in global market is taking shape, with US dollar losing pre-eminence and Chinese yuan gaining steam. According to a IMF survey, dollar share in central bank foreign exchange reserves declined from 71 percent in 1999 to 59 percent in 2021. This resulted in steady decline in […]

The post Ukraine War And US, EU Sanctions Leading To Loss Of US Dollar’s Global Dominance first appeared on IPA Newspack.

By K Raveendran India’s integration into the global value chains and favourable container pricing trends are making the country an ideal choice as an attractive ‘China plus one’ alternative. The improvement in container availability, coupled with falling rates, is offering a great opportunity for container trading and leasing in the Indian sub-continent as the world […]

The post India Emerges As Key Player In ‘China Plus One’ Strategy Of Global Container Trade first appeared on IPA Newspack.

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By Satyaki Chakraborty Greece is going for national election on May 21 this year as the Prime Minister of the Centre Right New Democracy Party Kyriakos Mitsotakis met the President and proposed the dissolution of the Parliament. The President accepted and fixed May 21 as the date for elections. Next month’s legislative elections will be […]

The post Greece National Elections On May 21 To Witness Stiff Contest Between Right And Left first appeared on IPA Newspack.

By Satyaki Chakraborty The United States of America is steadily losing its diplomatic battle in the Middle East against China as more and more warring nations in the region are looking to China for acting as the facilitator for establishing peace in the region. After the big success of brokering a peace deal between Iran […]

The post China Emerging As The Prime Mediator In Easing Tensions In Middle East first appeared on IPA Newspack.

By Dr. Nilanjan Banik 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 […]

The post Who Will Be The Ultimate Winner In Currency War? Dollar Or The Yuan? first appeared on IPA Newspack.

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By James M Dorsey Think that the modern nation-state originated with the emergence of the 17th-century beginnings of the era of science and reason? Think again. In a recently published book, political scientist Anna Gryzmala-Busse traces the origins of the modern state to medieval Europe when religion and the church played a powerful role rather […]

The post Nation-State Inspired By Religion, But Politics Making A Difference first appeared on IPA Newspack.

By Ben Chacko This spring has been a triumphant one for Chinese diplomacy, from the breakthrough in Iran-Saudi relations to Friday’s high-profile summit with Brazilian President Lula. Lula’s remarks on moving away from trade in US dollars show Chinese President Xi Jinping’s description of China and Brazil as “comprehensive strategic partners” has real content. Britain’s […]

The post China Outsmarts USA In Hardcore Diplomacy In The Last Two Months first appeared on IPA Newspack.

By Prabhat Patnaik Except in war-time, capitalism invariably seeks to control inflation by creating a recession; and this is so even when the inflation has been caused by an autonomous increase in capitalists’ profit-margins which are downward inflexible and hence would not be reduced by a recession. This strategy is pursued because a recession invariably […]

The post Oil Output Cut By OPEC+ Countries Is A Testimony To Decline In Us Hegemony first appeared on IPA Newspack.

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Just in:
Emirates NBD Makes Bond Investing Accessible Through ENBD X App // Creative Solutions for Discarded Underwear // Cecilia Chang Earns Prestigious Recognition in the Insurance’s “Global 100” Award // G7 Nations Forge Pact to Ditch Coal by 2035 // Appier delivers strong Q1 results, achieving continuous profitable growth with diversified customer traction // Andertoons by Mark Anderson for Wed, 15 May 2024 // Gulf Food Innovation poised for a quantum leap after 2024 Conference, says MBRGI CEO // OceanX and Indonesia Launch Mission to Explore the Marine Wonders of Indonesia // NetApp and Lenovo Offer Converged Infrastructure Solution Optimized for GenAI // Tech and Innovation Fuel Global Food Investments // Wisconsin Investment Board Makes History with BlackRock Bitcoin ETF Purchase // Eq8 Capital Rebrands with Greater Accessibility to Its Exchanged Traded Fund // Dubai Roads Unveils “Inspiring Women Leaders” Program // DP World Strengthens Ties with Arab Media Forum as Strategic Partner for 22nd Edition // Dubai Gold Traders Push for Streamlined Regulations // Atria-City Dental Group Celebrates 30th Anniversary Alongside World Health Day With Special Dental Package To Increase Oral Health Awareness // Burjeel Medical City and TII Forge Alliance to Bolster Cancer Immunotherapy // CCD earns the Best Place to Work certification in Dominican Republic for 2024 // UAE Royal Shows Support for Global Healthcare at Abu Dhabi Event // InSinkErator and Emirates Environmental Group Join Forces for a Greener UAE //